Disseminated on behalf of Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) and may include paid advertisements.
- According to the World Platinum Investment Council (“WPIC”), the global platinum market is projected to remain in deficit for multiple years.
- The WPIC points to several key drivers of tightness in the platinum market.
- Platinum Group Metals Ltd. Waterberg Project could enter an increasingly supply-constrained market at a critical time.
A growing body of research suggests the world is entering a period of prolonged platinum scarcity, and the timing could not be more significant for Platinum Group Metals (NYSE American: PLG) (TSX: PTM). As deficits deepen, the company is advancing its large-scale Waterberg Project in South Africa, an asset that could help address what analysts describe as a structural platinum shortage with consequences across the automotive, industrial and clean energy sectors.
According to the World Platinum Investment Council (“WPIC”), the global platinum market is projected to remain in deficit for multiple years, with annual shortfalls averaging approximately 8% of total yearly demand (https://ibn.fm/v5VIv). Sprott Asset Management highlights that current above-ground…
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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