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Tharisa delivers another record production quarter Specialty chrome concentrates, which make up 26.
1% of total chrome production and which are sold into the chemical and foundry markets globally at a premium, increased 15.5% quarter on quarter to a record 87 100 t.Signs that prices have found a floor are detected by Tharisa, which reports increased price stability within the chrome concentrate market against the background of the fundamentals of the global stainless steel market louis vuitton bags leather remaining robust, the company said in louis vuitton shoes wiki a release to Creamer Media Mining Weekly Online.The average PGM basket price of $792/oz (R10 443/oz) in the three months to June 30 was $9/oz higher than the $783/oz (R10 355/oz) price achieved in the previous three months to March 31.PGM and chrome production remains on track to meet production guidance for the financial year of 147 400 oz of PGMs on 6E basis and 1.3 million tonnes of chrome concentrates, of which 300 000 t will be price premium attracting specialty grade chrome concentrates.Tharisa, which is transitioning from contract mining done by MCC Contracts to owner mining, believes that the change in the operating model will have both cost and operational benefits.
Already developed are engineering and geological skills integral to in house mining and the successful conclusion of the acquisition process will ensure an uninterrupted changeover.With vintage louis vuitton bags for sale on ebay the 18 year life of the opencast mine and louis vuitton alma amarante mm an estimated 40 year underground mine life potential thereafter, the taking over of the mining task is seen as a logical progression towards cost and operational benefits.
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