Tharisa plc reported operating results for the third quarter and nine months ended June 30, 2025. For the quarter, the company reported Reef mined were 1,444.9 kt against 1,261.9 kt a year ago. Reef milled was 1,389.9 kt against 1,396.1 kt a year ago. 6E PGMs produced was 34.5 koz against 36.9 koz a year ago. Chrome concentrate produced (excluding third party) was 395.7 kt against 410.2 kt a year ago.
For the nine months, the company reported Reef mined was 3,867.0 kt. Reef milled was 4,126.1 kt. 6E PGMs produced was 96.9 koz. Chrome concentrate produced (excluding third party) was 1,151.1 kt.
Tharisa plc specializes in the exploration, production and marketing of chrome and platinum. Net sales by family of products and services break down as follows:
- chrome concentrates (60%);
- platinum group metals (30.5%): platinum, palladium, rhodium, ruthenium, iridium and gold;
- trading services (8.6%).
The remaining net sales (0.9%) are from mining equipment manufacturing.
Net sales are distributed geographically as follows: South Africa (39.2%), China (34.3%), Singapore (20.5%), Hong Kong (2.6%), United Arab Emirates (2.5%), Australia (0.8%) and other (0.1%).
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