Tharisa increases chrome concentrate prices


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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Bontle Moeng is the Founder and Managing Director of BizNis Africa. Moeng has spent 16 years working in the digital and online media industry across Africa. She applied her trade at True Love magazine prior to discovering her passion for Investment news in key sectors across Africa. Moeng previously worked for ITWeb, Starfish Mobile Technologies, ITNewsAfrica, AVATAR Agency, eNitiate, Global Interface Consulting and Havas Johannesburg. Her primary focus is to provide solid and valuable content on investment opportunities for the ICT, Energy and Mining sectors across Africa. In addition, the online news publication assists global companies to expand their presence in Africa. Email:

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