Strategy

We challenge ourselves to achieve superior returns for our shareholders.

Tharisa’s strategy is to generate value by becoming a globally significant low cost producer of strategic commodities.

We aim to service growing global demand for our products through integrated mining, processing, marketing, sales and logistics operations.

Our expansion strategy focuses on growth through value accretive acquisitions, development and operation of large-scale, low cost projects that are in or close to production.

Strategy

INNOVATE

It is through continued innovation that the Group finds ways of optimising its current mining and processing.

The Group was born out of innovation. It was through its innovative approach to processing the multiple MG reef horizons that it established South Africa’s only PGM and chrome co-producer earning equal revenue from both commodities.


ORIGINATE

Tharisa seeks to grow and expand its business by investing in operations or projects which demonstrate opportunities for value accretion. The Group proactively seeks out investment or acquisition opportunities in strategic commodities.


LEVERAGE

Tharisa is exploring ways to expand its marketing and sales capabilities to allow the Group to capture additional margins by leveraging its existing know-how, experience and relationships through third-party sales.

Tharisa believes that it can effectively compete with other commodity traders on the basis of its tailored and high-quality service offering, local market knowledge and competitive pricing.


DISCIPLINE

Tharisa is committed to capital discipline.

With stringent management of our costs and improved Efficiencies, Tharisa continues to be firmly positioned in the lowest cost quartile for both PGM and chrome concentrates. The Group is also operating cash flow positive, which has allowed it to consider returning cash to shareholders. Tharisa has an annual dividend policy of 10% of consolidated NPAT.