Tharisa PLC (LSE:THS, JSE:THA), the South Africa-based chrome and platinum producer, said earnings in the year to end September 2021 have risen by between 128% to 134% to between US$37-38c.
Operational improvements, higher PGM basket prices and improved chrome concentrate prices are behind the increase though higher freight costs, royalty payments and an end to capex offsets have worked against the miner.