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Tharisa Pit

OUR Strategy

Six pillars driving growth

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.

EXPAND AND ROLL OUT THE BUSINESS SUSTAINABLY

SUSTAINABLE BUSINESS

A commitment to the highest stewardship standards of land, water and air resources is central to creating a sustainable mining strategy.

We continuously set out to successfully develop and deliver on our project pipeline, thus sustainably increasing our operating asset base as well as identifying and assessing new potential mineral deposits. The creation of our Technical Hub as a centre of excellence provides technical support services to the Group’s operations and projects, ensuring our commitment as custodians of our multi-generational assets.

FURTHER OPTIMISE EXISTING OPERATIONS

OPTIMISE OPERATIONS

To stay up to date with ever-evolving markets, we consistently strive to deliver and improve our operations, including mining and processing, marketing, logistics, administration, and Group support services. This ensures we not only maximise the output from our non-renewable resources but continuously evaluate the optimal way to extract the resources.

CONTINUE TO INVEST IN INNOVATIVE THINKING

INNOVATIVE THINKING

Research and development are embedded in our roots. The successful journey of taking projects from the concept phase to commercialisation, specifically focusing on the beneficiation of our products and the clean energy transition, is testimony to the many industry firsts evident in our daily operations.

BECOME A GLOBAL DIVERSIFIED BUSINESS

DIVERSIFIED BUSINESS

The overarching concept of diversification across territories and commodities is to enhance the current portfolio. This must be executed from a solid foundation, ensuring suitable structures and teams are in place. New opportunities are continually evaluated to find the right fit for our portfolio. Technology and innovation will provide the Group with information-driven decision making and will reduce the overall risk of business and generate new sources of revenue.

BE THE INVESTMENT OF CHOICE IN OUR CHOSEN SECTOR

INVESTMENT OF CHOICE

Our three-pronged approach to capital allocation, namely reinvesting in the business, capital for growth and the ability to return capital to shareholders, is crucial to ensure we have the optimal balance sheet to deliver on our strategic initiatives. This is achieved by engaging with capital markets and financiers and communicating effectively with our external stakeholders.

RESPONSIBLY ENRICH THE LIVES OF ALL OUR STAKEHOLDERS

ENRICH STAKEHOLDERS

While safety is a core value, promoting accountability and awareness around our principles covering SHE, ESG, climate change, and impact investment are equally important.

This pillar is evidence of how the Tharisa Group makes a meaningful contribution and impact on its people, environment, communities and society. We synergise our objectives to help all stakeholders to arrive at their respective outcomes.

Our philosophy is to enrich live responsibly

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 FOUNDATION OF THE COMPANY IS BUILT ON THE 4 Ds

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.