MOU with Tharisa Minerals

Braemore acted positively on a fundamental part of its strategy during the final weeks of calendar 2007 by signing a memorandum of understanding (MOU) with Tharisa Minerals to explore and exploit platinum group metals from the latter company’s properties.

The Tharisa MOU is in anticipation of a formal agreement for the creation of a joint venture to recover platinum group metals (PGMs) from Tharisa’s mining operations using the ConRoast process. As it is, Tharisa is planning a 600,000t/year ferrochrome smelter based on ore from its properties.

Our technology

Braemore’s distinctive competitive advantage lies in the unique technology that it has proprietary access to, both in the PGMs and nickel markets.

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