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Tharisa CEO reports on 'knock-out' quarter for productivity

Tharisa PLC's (LON:THS) Phoevos Pouroulis tells Proactive London's Andrew Scott they delivered what he describes as a knock-out quarter in terms of productivity with both May and June achieving consecutive record ROM output levels. ''In a very challenging environment with the pandemic taking hold and various stringent lockdown levels that we have worked through we're very pleased with the performance''. Activities in South Africa recommenced in full at the start of May and in the three months to the end of June Tharisa produced 321.4 kilotons of chrome, up 3.6% on the prior quarter, while PGM production rose 9% to 35 kilo ounces (koz).

Quick facts: Tharisa PLC

Price: 74 GBX

Market: LSE
Market Cap: £197.29 m

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Tharisa PLC 'upbeat' and back operating its chrome and PGM operations at...

Mining Capital's Alastair Ford says Tharisa PLC (LON:THS) is in a relatively strong position in terms of its commodity and production despite the overall backdrop being uncertain as questions remain over the impact of the lockdown in South Africa. ''We've got to watch the Chinese economy,...

on 12/6/20

2 min read