Group
profile

Integrated co-producer of PGM and chrome concentrates

Discover

Discover

  • Large scale open pit resource mining five MG chromitite layers
  • Long life, low-cost co-producer of PGM and chrome concentrates
  • Highly prospective exploration projects in Zimbabwe
Develop

Develop

  • Innovative approach to viable mineral extraction and beneficiation
  • Independent processing plants providing operational flexibility at the Tharisa Mine
  • Sustainable polymetallic business model
Deliver

Deliver

  • Safe production, strive for zero harm
  • Integrated marketing, sales and logistics platforms
  • Disciplined capital allocation = growth + dividends
  • Cash generative through commodity cycles

Introduction

Tharisa is an integrated resource group incorporating exploration, mining, processing, and the beneficiation, marketing, sales and logistics of platinum group metals ('PGM') and chrome concentrates. The Group is targeting production of 200 koz of PGMs and 2.0 Mt of chrome concentrates in 2020, on an annualised basis

Mission

To maximise shareholder returns through innovative exploitation of mineral resources in a responsible manner

Values

  • The safety and health of our people is a core value
  • We take responsibility for the effect that our operations may have on the environment
  • We are committed to the upliftment of our local communities
  • We conduct ourselves with integrity and honesty
  • We strive to achieve superior returns for our shareholders
  • We originate new opportunities and will continue to challenge convention through innovation

Strategic initiatives

  • Discovering next generation low-cost, large-scale operations through exploration of multicommodities with geographic diversity
  • Developing into a globally significant low-cost producer of strategic commodities
  • Delivering from an established platform while maximising value extraction
  • Disciplined capital distribution with an annual dividend policy of at least 15% of net profit after tax ('NPAT') and capital allocation to low-risk projects