Tharisa (LSE:THS) has indicated that profitability for the six months ended 31 March 2026 is expected to rebound strongly, supported by improved commodity pricing and solid operational performance across its platinum group metals and chrome businesses.
The mining group said it expects basic earnings per share to range between 15.3 U.S. cents and 15.8 U.S. cents, representing an increase of more than five times compared with the same period last year.
Headline earnings per share are forecast at between 16.1 U.S. cents and 16.6 U.S. cents, marking year-on-year growth of more than 450% and pointing to a substantial improvement in underlying profitability.
The company is scheduled to publish its interim financial results later in May, with the expected earnings recovery signalling a significantly stronger financial position for the group. Management believes the improved performance could reinforce Tharisa’s competitive standing within both the platinum group metals and chrome concentrate markets while supporting its ongoing expansion plans and investments linked to the global energy transition.
More about Tharisa
Tharisa is an integrated mining and resource company focused on platinum group metals and chrome concentrates. The group operates across exploration, mining, processing, beneficiation, marketing and logistics activities, with its flagship Tharisa Mine in South Africa and the Karo Platinum Project in Zimbabwe forming the core of its long-term growth strategy. The company is also pursuing initiatives tied to decarbonisation, downstream beneficiation and battery-related technologies.
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