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Tharisa PLC - Cyprus-headquartered platinum miner - Says it has secured new trade finance facilities from its existing banks. Notes that these facilities are designed to provide greater flexibility, improve working capital efficiency, and enhance its global trading capabilities. Says it has negotiated improved unsecured, revolving trade finance facilities, with Hongkong & Shanghai Banking Corp Ltd, providing $30 million, and Absa Bank Ltd, offering $15 million with an ‘accordion’ of $15 million. ‘Securing these enhanced trade finance facilities strengthens our balance sheet resilience and optimises our working capital flows. The additional flexibility allows us to unlock further value in our global marketing and sales activities while supporting our disciplined growth strategy,’ Tharisa Chief Executive Officer Michael Jones says. Stock price in Johannesburg: R 22.35 12-month change: up 47% Stock price in London: 103.00 pence 12-month change: up 65% Copyright 2026 Alliance News Ltd. All Rights Reserved.
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