Tharisa reports strong 4th performance with increased PGM and chrome production

THARISA, the mining company dual-JSE and London Stock Exchange listed mining company reported a strong fourth quarter performance after higher mining, milling, grade and recovery metrics boosted chrome and platinum production.

- EDWARD WEST

PGM production increased by 19.7% to 41.3 koz (thousand ounces) in its fourth quarter to September 30, 2025, compared to the third quarter, a report from the company released Tuesday showed.

Fourth quarter chrome production was up 2.9% to 407.2 kt (kilotons) over the third quarter.

PGM production for the year came to 138.3 koz from 145.1 koz at the same time last year. Chrome production for the year came to 1 558.2 kt versus 1 702.6 kt a year before.

"We closed the year on a strong note, delivering robust production results in the final quarter. This performance reflects the resilience of our operations, the dedication of our teams on the ground, and the effectiveness of the investments we have made throughout the year, complemented by yet another pleasing safety performance through all our operations," Phoevos Pouroulis, the CEO said in a statement.