03:07 AM EDT, 10/15/2026 (MT Newswires) -- Tharisa (THS.L, THA.JO) will sell 50% of the platinum-group-metal concentrate produced at its Tharisa mine in South Africa to Valterra Platinum (VAL.JO, VALT.L). Tharisa Minerals, a unit of the mining and metals company signed a binding sales arrangement with the South African platinum mining company's subsidiary, Rustenburg Platinum Mines, according to a Thursday filing. The multi-year deal starts Jan. 1, 2027, replacing Sibanye-Stillwater as an offtake partner. Northam Platinum (NPH.JO) will retain its existing offtake arrangement for the remaining 50% of the mine's production. Tharisa and Valterra Platinum will also explore opportunities for fine chrome recovery and beneficiation, building on broader cooperation between the companies announced in August.

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