The Company has a stated growth and diversification strategy, built on six pillars, with maximum impact for both shareholders and stakeholders, balancing the need for growth with care for the environment in which we operate.
The past year has seen Tharisa continue to deliver on these pillars and we have further elevated our foundation to ensure that future investments remain value additive and continue to enhance the Company's strong cash generation and social and financial return ability.
Tharisa is committed to expanding its operations while ensuring sustainability remains at the core of its business model.
We aim to scale our business by exploring new markets and diversifying our product offerings, all while maintaining a focus on responsible practices that protect the environment. This sustainable growth approach ensures that we create value not only for shareholders but also for the communities and ecosystems we interact with.
We are dedicated to the highest standards of stewardship concerning land, water and air resources. Our sustainable mining strategy focuses on responsibly managing these resources while developing and delivering on our project pipeline. We ensure long-term sustainability by increasing our operating asset base and identifying new mineral deposits. The establishment of our technical hub as a centre of excellence provides vital technical support to our operations and projects, reinforcing our role as custodians of multigenerational assets.
We continuously strive to enhance the efficiency of our current operations.
We maximise output and resource utilisation by implementing best practices in mining, processing, marketing, logistics and administration. Our commitment to operational excellence enables us to adapt to changing market conditions and leverage our non-renewable resources effectively.
To keep pace with ever-evolving markets, we are committed to consistently improving our operations across all areas, including mining, processing, marketing, logistics, administration and group support services. This ongoing evaluation ensures that we maximise output from our non-renewable resources while continuously assessing the most effective extraction methods.
Innovation is at the heart of Tharisa’s philosophy. We prioritise research and development (R&D) to drive forward-thinking solutions and maintain our competitive edge.
Our ability to take projects from conception to commercialisation, especially in product beneficiation and clean energy, showcases our commitment to pioneering advancements in our industry.
R&D are integral to Tharisa’s operations. Our success in moving projects from concept to commercialisation, particularly in product beneficiation and clean energy, demonstrates our commitment to innovation. We continuously strive to achieve industry firsts, reflecting our dedication to advancing our operations and the mining sector as a whole.
Tharisa aims to be a global significant player in the mining sector by diversifying across territories and commodities.
This strategy enhances our portfolio by ensuring a solid foundation of suitable structures and skilled teams.
We actively seek new opportunities that align with our strategic goals, leveraging technology and innovation to make informed decisions, minimise risks, and generate additional revenue streams.
Our approach to capital allocation is designed to ensure optimal balance and financial health.
By focusing on reinvesting in the business, securing capital for growth, and returning capital to shareholders, we engage effectively with capital markets and maintain strong relationships with financiers and stakeholders.
This strategic approach positions us as the preferred investment choice within our sector.
With safety a core value at Tharisa, we also prioritise accountability regarding our principles related to safety, health and environment (SHE), ESG standards, climate change and impact investment.
This commitment reflects our aim to make a meaningful contribution to our people, the environment, and the communities we serve. We align our objectives to help all stakeholders achieve their desired outcomes.
Tharisa's core strategy is to generate value by becoming a globally significant, low-cost producer of strategic commodities that are required to deliver a sustainable future.
We help to meet global demand for our products using an integrated model of mining, processing, beneficiation, marketing, sales, and logistics operations, which we believe adds maximum value to the commodities we mine.
The Group's expansion strategy focuses on diversified growth through organic project sourcing and development, but is mindful of acquisition opportunities in a non-renewable operating environment.
The goal is creating a circular economy, beneficiating our products, and producing critical metals for the decarbonisation of the global economy.
The success of the 4 Ds is enveloped by a stringent focus on capital discipline that balances the capital needs of growth, continuous investment, and returns for shareholders.
Long-life, low operating cost assets
Impactfully develop our assets, sustainably, using modern engineering and technology
Safely deliver maximum value from the assets in the portfolio and maximise returns for stakeholders
Diversify into a multi-asset, multi-jurisdictional, multi-commodity business innovatively using technology as our catalyst