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London Stock Exchange

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Share Price: 67.50

Bid: 67.00

Ask: 68.00

Change: -0.50 (-0.74%)

Spread: 1.00 (1.493%)

Open: 67.50

High: 67.50

Low: 67.00

Prev. Close: 68.00

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Tharisa Smelter On Care And Maintenance As South Africa Locks Down

Fri, 27th Mar 2020 10:23

(Alliance News) -Â Tharisa PLC on Friday said it is supportive of the South African government's decision to lock down the country, and said its platinum group metals smelter is on care and maintenance.

In addition, Tharisa said it has received 'force majeure' notifications from its PGM concentrate offtakers, and it itself has declared 'force majeure' on its contracted chrome concentrate sales agreements.

The firm said it will implement all measures as instructed by the government.

London-listed shares in Tharisa were up 1.1% at 44.50 pence, while in Johannesburg the stock was untraded at ZAR11.30.

By Lucy Heming;Â lucyheming@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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