Tharisa’s strategy to develop a globally significant, low-cost producer of metals, critical to the energy transition and decarbonisation of economies, remains firmly on track.
Our focused operational structure delivers on and supports our strategy.
Operating and producing companies(and Tharisa’s shareholding)
1Tharisa plc
Listed on the JSE and LSE.
2Tharisa Minerals100%
Tharisa Minerals is 100% owned by Tharisa and is uniquely positioned as a significant co-producer of both PGMs and chrome concentrates. Located in the south-western limb of the Bushveld Complex, in South Africa, the mechanised mine has an 11-year open-pit life and the ability to extend operations underground by at least an additional 60 years.
3Arxo Metals100%
Arxo Metals produces specialised higher-margin chemical and foundry-grade chrome concentrates and is the Group’s R&D arm. It also operates a 1 MW DC furnace to produce PGM-rich metal alloys.
4MetQ100%
MetQ manufactures equipment used in the mining industry, with a particular focus on beneficiation.
5Arxo Logistics100%
Arxo Logistics manages the road, rail and shipping distribution of PGM concentrate and chrome concentrates produced by the Tharisa Mine. These products are transported to customers in South Africa and international customers via port facilities in Richards Bay, Durban and Maputo.
6Arxo Resources100%
Arxo Resources markets and sells chrome concentrates to customers globally.
9Redox One100%
Pioneering a sustainable energy future through safe, innovative, and cost-effective power storage solutions.
European Technology Centre based in Dortmund, Germany, dedicated to the commercialisation of iron-chromium flow batteries.
Growth projects (and Tharisa’s shareholding)
7Karo Mining Holdings76.22%
Karo Mining Holdings’ strategy is to establish an integrated PGM mining and refining complex in Zimbabwe.
8Karo Platinum
Karo Platinum is the newest low-cost, open pit PGM asset under construction and located on the Great Dyke in Zimbabwe.
A joint venture between Karo Mining Holdings (85%) and Generation Minerals (15%), a Republic of Zimbabwe special purpose vehicle (SPV), the Karo Platinum project will have initial open pits with less than 12% of the 23 903 ha project area having been utilised to attaining this project life.
