Tharisa plc - Special Call Company Participants Phoevos Pouroulis - CEO & Director Roy Murley Vulela Makuni Michael Jones - CFO & Director Ilja Graulich - Head of Investor Relations & Communications Presentation Operator Good morning, and welcome to the Tharisa plc Investor Presentation. [Operator Instructions] Before we begin, I'd like to set the following poll.
Tharisa PLC (LSE:THS, JSE:THA, OTC:TIHRF) has reported an encouraging set of production results for the third quarter of its 2025 financial year. The period saw increased mining volumes and improved output of both platinum group metals (PGMs) and chrome concentrates, allied to stronger pricing, though the company has lowered its production guidance slightly.
Tharisa PLC (LSE:THS, JSE:THA, OTC:TIHRF) told investors it will kick off a US$5 million share buyback programme. The company said its shares are trading at a significant discount, and the repurchase supports capital discipline.
Tharisa PLC (LSE:THS, JSE:THA, OTC:TIHRF) has detailed financial impacts from the previously announced weather-related challenges in its first half. Trading was also hampered by weaker year-on-year chrome pricing.
Tharisa PLC (LSE:THS, JSE:THA, OTC:TIHRF) has maintained its full-year production guidance for platinum group metals (PGMs) and chrome despite reporting a mixed second-quarter hit by heavy rains, lightning, and continued global uncertainty. The South Africa-based miner, listed in Johannesburg and London, said it still expects to produce between 140,000 and 160,000 ounces of PGMs and 1.65 to 1.8 million tonnes of chrome concentrates in the financial year to September 2025.
Tharisa PLC (LSE:THS, JSE:THA, OTC:TIHRF) kept its production guidance for the 2025 financial year unchanged despite the tough start to the year, notes broker Panmure Liberum. Guidance remains 140-160,000oz 6E PGMs and 1.65-1.80Mt of chrome concentrates, noted the broker.
Tharisa PLC (LSE:THS, JSE:THA, OTC:TIHRF) has reported a 'tough' start to its latest financial year with production of both chrome and platinum affected by the drilling equipment available. Platinum metals group (PGM) output in the three months to December 2025 was 29,900 ounces (37,100oz), said the South Africa-based miner, while chrome production dropped to 374,400 tonnes (426,800t).
South Africa-based platinum and chrome miner Tharisa PLC (LSE:THS, JSE:THA, OTC:TIHRF) said it is currently managing a cybersecurity incident after detecting unauthorised activity on its network. Operations remain unaffected, supported by established business continuity processes, a statement added.
Tharisa PLC (LSE:THS, JSE:THA, OTC:TIHRF) CEO Phoevos Pouroulis explains to Proactive what has pleased him about the twelve month's trading. Phoevos Pouroulis: I think the standout key feature for us is that we've had a zero lost-time injury-free year.
Shares in Tharisa PLC (LSE:THS, JSE:THA, OTC:TIHRF), a producer of platinum group metals (PGMs) and chrome, after it reported robust financial results for the fiscal year ending September 30, The integrated mining group, which operates in South Africa and Zimbabwe, achieved double-digit revenue growth, increased production, and has made strategic progress in developing its long-term projects. Financial performance Tharisa's revenue for the year increased by 11% to $721.4 million, up from $649.9 million in 2023.
Tharisa PLC (LSE:THS, JSE:THA, OTC:TIHRF), a mining company focusing on platinum group metals (PGMs) and chrome, reported strong annual results for the year ending September 30. The company saw an increase in key production metrics, including a 9.5% rise in reef mined to 4.6 million tonnes and a 7.6% boost in chrome production to 1.7 million tonnes.
Critical minerals group Tharisa PLC (LSE:THS, JSE:THA, OTC:TIHRF) has reported stronger-than-expected cash generation, closing the fourth quarter with a net cash position of $109 million. Peel Hunt had anticipated a net debt of $28 million but attributes the surprise to Tharisa's likely use of receivables factoring and reduced capital expenditure at both its Karo project and Tharisa operations.