Tharisa board approves R780m Vulcan chrome project
Dual-listed Tharisa Mining’s board has approved a $54.2-million project (about R780-million) that will increase chrome recovery and add 400 000 t/y of chrome to the company’s production from its chrome and platinum group metals (PGMs) mine near Brits, in South Africa’s North West province.
The construction of the Vulcan plant is key to Tharisa’s Vision 2020 strategy, which is targeting production of two-million tonnes a year of chrome concentrate and 200 000 oz/y of PGMs by next year.
To achieve its target, Tharisa has developed the Vulcan process to extract the fine chrome from current in-line tailings from the combined feed of its Genesis and Voyager plants. The primary aim of the Vulcan plant is to increase the Tharisa mine’s chrome recovery from 65% to 82% and to lower unit costs.
Project initiation is set to start this month, and hot commissioning is targeted for the fourth quarter of 2020, Tharisa reported on Thursday.
Vulcan is the first of two plants – estimated to cost R600-million – that Tharisa is planning to achieve its Vision 2020 strategy.
Commenting on the project, Tharisa CEO Phoevos Pouroulis said in a statement that the proprietary process, which used existing technologies to improve the chrome recoveries, had been “rigorously tested and proven” through pilot testwork and the operation of a production scale demonstration plant.
Project engineering and technical services group Wood has been appointed as the engineering, procurement and construction manager for the Vulcan project. Tharisa said the project should deliver its first chrome within 15 months.
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