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Tharisa Reports Increased Production Amid Market Uncertainties

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Tharisa Reports Increased Production Amid Market Uncertainties

Elevate Your Investing Strategy:

The latest announcement is out from Tharisa ( (GB:THS) ).

Tharisa reported an increase in PGM and chrome production for Q2 FY2025, despite challenges from adverse weather conditions. The company maintained a strong cash position and is advancing its underground mine development plans. Market uncertainties due to global trade tariffs may impact future demand and prices for its commodities.

More about Tharisa

Tharisa is an integrated resource group focused on the energy transition and decarbonisation of economies. The company is involved in exploration, mining, processing, and marketing of PGMs and chrome concentrates, with operations in South Africa and Zimbabwe. Tharisa is committed to reducing its carbon footprint and aims to become net carbon neutral by 2050.

YTD Price Performance: -20.41%

Average Trading Volume: 164,570

Technical Sentiment Signal: Strong Buy

Current Market Cap: £145M

For detailed information about THS stock, go to TipRanks’ Stock Analysis page.

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