Tharisa previously said it would aim to restart production on the morning of 17 April
() told investors it remains fully supportive of South Africa’s initiatives to combat the coronavirus (COVID-19) pandemic.
As South Africa last night entered a 21-day lockdown, the AIM-quoted firm confirmed that its platinum group metals (PGM) smelter is on care-and-maintenance.
Tharisa’s PGM offtake buyers have issued force majeure notifications, and, similarly, Tharisa has also declared force majeure on its contracted chrome concentrate sales agreements.
South Africa’s national lockdown is presently set to last until April 16.
NO INVESTMENT ADVICE
The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...
In exchange for publishing services rendered by the Company on behalf of Tharisa PLC named herein, including the promotion by the Company of Tharisa PLC in any Content on the Site, the Company receives from said...
FOR OUR FULL DISCLAIMER CLICK HERE