Tharisa sets FY2027 production target for PGMs at 150–170 Koz
Tharisa said FY2026 PGM and chrome concentrate output met guidance, while its FY2027 targets cover 150–170 Koz of PGMs.
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what happened
According to the Newsmetry API, Tharisa PLC produced 41.0 Koz of PGMs in the fourth quarter, bringing FY2026 output to 153.7 Koz, in line with guidance. Chrome concentrate production reached 416.7 Kt in Q4 and 1,563.8 Kt for FY2026, also meeting the company’s guidance.
For FY2027, Tharisa set a production range of 150 Koz to 170 Koz for PGMs and 1.50 Mt to 1.65 Mt for chrome concentrates. The company said platinum market fundamentals remain supportive over the medium term.
Tharisa added that chrome prices softened late in the year. It nevertheless expects market conditions to improve as procurement normalises and demand strengthens, supporting a firmer outlook for chrome prices.
why it matters
The update confirms that Tharisa met its FY2026 production targets and provides the market with new FY2027 ranges. Its comments on normalising procurement and stronger demand are relevant to expectations for chrome, while the company continues to see supportive medium-term fundamentals in the platinum market.
instruments
sources
- Tharisa Reports Production Guidance For FY27 Is Set At Between 150 Koz &170 Koz PGMs — Newsmetry API, 13 October 2026 at 05:29 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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