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Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) Taps into AI-Fueled Data Center Surge

By: Investor Brand Network
July 23, 2025 at 10:35 AM EDT
  • The rise of AI-generated services is placing extreme pressure on the global power grid.
  • With data center electrification and sustainability both climbing corporate and regulatory agendas, platinum is emerging as a strategically essential asset.
  • PLG’s Waterberg Project is among the largest and lowest-cost undeveloped platinum group metal resources in the world.

The rapid expansion of AI applications is igniting an unprecedented demand for data center capacity, and Platinum Group Metals (NYSE American: PLG) (TSX: PTM), a prominent platinum explorer and developer, is working to develop a supply of platinum crucial for powering the future of clean, resilient electrical infrastructure. Amid this AI-driven energy surge, platinum is central to hydrogen fuel cells and advanced electrical components, marking PLG as a potential player in meeting tomorrow’s power needs.

The rise of AI-generated services is placing extreme pressure on the global power grid. According to a World Platinum Investment Council report, global electricity demand from data centers is expected to more than double to around 945 TWh by 2030—surpassing the entire electricity consumption of…

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NOTE TO INVESTORS: The latest news and updates relating to PLG are available in the company’s newsroom at https://ibn.fm/PLG

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