Tharisa FY earnings down 49.4% amid chrome price drop

Published: Thursday, 28 November 2019

Tharisa reported a halving of its full-year earnings days after warning that lower chrome prices would significantly affect its financial performance.

The South African chrome miner’s earnings before interest tax, depreciation and amortization (ebitda) for the 12 months to September 30 dropped by 49.4% to $56.1 million from the previous financial year earlier.

It also reported a 15.6% drop in revenue to $342.9 million, which it attributed to...

This is a preview of the full article

Our market news and price data is reserved for registered users only.

Current customer? Login now

All of our industrial minerals price data and news is now available only through our new platform. Learn more about the intelligence we offer by visiting our Fastmarkets flagship website. If you are familiar with our reliable and trusted intelligence, fill out a request a quote form today to hear from our friendly sales staff who will create a custom license for you.


Interested in lithium prices? We now offer lithium prices and coverage free for reference. Click here to read all about it.

Interested in the wider electrification market?
Join our growing community of participants who want to learn more about electrification and how this market is developing.