Monday 15 December 2014

Otmane El Rhazi : Chrome, platinum prices likely to recover – Tharisa

Otmane El Rhazi from Mining Weekly | Ferrous Metals Home.



The price of chrome concentrate and the basket price of platinum group metals should recover in 2015, which could mean fourth-quarter profit for the JSE-listed Tharisa Minerals should it achieve its number-one priority of steady state production. Tharisa CEO Phoevos Pouroulis told Mining Weekly Online in an interview on Monday that price recovery plus steady state production growth should see the company emerge from the red and go into the black before this time next year.

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