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Tharisa Plc beating expectations on PGM and chrome recoveries

Michael Jones, CFO at Tharisa Plc (LON:THS), talks Proactive's Andrew Scott through their second-quarter production performance.

Platinum group metal (PGM) recoveries measured 82.2% for the three month period ended March 31, compared to a target of 80% and the company produced some 38,200 ounces of PGMs.

Similarly, chrome recoveries improved to 66.3% which was better than the targeted 65% and the company achieved record chrome concentrate volumes, at 366,700 tonnes for the three month period.

Quick facts: Tharisa PLC

Price: 108 GBX

LSE:THS
Market: LSE
Market Cap: £287.94 m
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