Tharisa increases chrome concentrate prices

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Tharisa Reef mined of 1 219.2 kt continues to exceed the required run rate of 4.8 Mtpa on an annualised basis.

PGM production of 34.3 koz and chrome concentrate production of 314.6 kt. Specialty chrome production of 75.4 kt, 24.0% of total chrome production. PGM recoveries at 76.2% and chrome recoveries at 62.5%

Average per ounce PGM basket price of US$783, US$43 an ounce higher quarter-on-quarter. Average contracted metallurgical chrome prices at US$338/t, up 35.2% quarter-on-quarter

“Tharisa is proud to have performed at consistent levels for the fifth consecutive quarter. With substantially increased chrome concentrate prices achieved during the first half of FY2017, together with solid operational performance, we continue to deliver on our low cost, profitable co-product business model,” says Phoevos Pouroulis, Tharisa Chief Executive Officer.

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