Tharisa forecasts FY2027 PGM output of 150,000-170,000 ounces

Bitget2026/10/20 06:36

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Tharisa forecasts fiscal 2027 production of 150,000–170,000 ounces of platinum group metals and 1,500,000–1,650,000 metric tons of chrome concentrate.
Fiscal 2026 production reached 153,700 PGM ounces, up 11% year over year; chrome concentrate output totaled 1,560,000 metric tons.
Karo targets first ore to its mill in the fourth quarter of calendar 2027, with annual steady-state PGM production of 226,000 ounces.
Group annual PGM output is projected to reach approximately 426,000 ounces at steady state, with stronger free cash flow as capital spending eases.
Karo has received USD 240 million of its USD 516 million capital budget; a senior secured bond funds the balance.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Tharisa plc published the original content used to generate this news brief on October 19, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Tharisa forecasts FY2027 PGM output of 150,000-170,000 ounces

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