Corporate profile

Uniquely positioned as a PGM and chrome co-producer with integrated logistics and trading.

Tharisa is a European headquartered integrated resource group. It is uniquely positioned incorporating mining, processing, beneficiation, marketing, sales and logistics. Tharisa is a low cost producer of PGM and chrome concentrates resulting in two distinct revenue streams from a single resource and costs being shared between the commodities. The Group continues to explore beneficiation opportunities through innovation and technology.

The Group owns and operates the Tharisa Mine which is located on the south-western limb of South Africa’s Bushveld Complex.The Tharisa Mine has an estimated open pit life-of-mine of approximately 17 years, and a further estimated underground life of mine of approximately 40 years. The Tharisa Mine’s processing facilities comprise the Genesis Plant and the Voyager Plant, both PGM and chrome concentrators are capable of processing a total of 400 ktpm of ROM ore.

Geographic location

Through its subsidiary Arxo Metals, the Group is developing its beneficiation capabilities to optimise its operations and capture a greater share of the value chain. Arxo Metals produces specialised higher margin chemical and foundry grade chrome concentrates, operates Lonmin’s K3 UG2 chrome plant in Rustenburg and is the Group’s research and development arm. It is commissioning a 1MW DC furnace to produce PGM-rich metal alloys on a pilot scale.

The Group’s business also includes logistic operations through Arxo Logistics, which handles the rail and road distribution of PGM and chrome concentrates produced by the Tharisa Mine to customers in South Africa and to port facilities in Richards Bay and Durban for shipment to customers overseas. The business has been expanded to third-party logistics services and it is currently providing logistical services to Lonmin’s K3 UG2 chrome plant.

Sales and marketing of the Group’s chrome products is undertaken by Arxo Resources, which acts as agent and off-taker for Tharisa Minerals for the onward sale of chrome concentrates to customers in China and other international markets.