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The export-only company, which has clients in China, India and South Korea, 'recently' bought chrome ore mines in Albania and is planning to build a US$10mn upgradation plant in the country to turn low-grade ore to high-grade material.

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Platinum group metals (PGMs) and chrome co-producer Tharisa Minerals, which on Tuesday forecast a global chrome ore deficit of up to a million tonnes in the short to medium term, on Wednesday published details of its strategic Vision 2020 growth thrust. "Tharisa is entering an exciting growth phase," CEO Phoevos Pouroulis said in the …

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Agreed prices for South African chrome ore shipments have been reduced by as much as 13.7% in recent weeks as sharp price drops spark renegotiations.

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