Can this be the PGM market’s next big thing?
THE hydrogen economy was supposed to be platinum’s salvation, but it is turning out to be the lightest of lifelines. Deployment of electrolyser capacity, the technology that…
Mining’s slow burn exposure to Middle East conflict
THE memorandum of understanding (MoU) signed between the US and Iran appears to have brought a relative calm to the Middle East, the occasional conflagration in the Strait of…
Platinum Week cognoscenti agree the metal will keep rolling on
PLATINUM has been on the wrong end of the Middle East crisis falling 13% since hostilities between the US and Israel and Iran began. Yet industry mavens who gathered for the…
Investors take profits from platinum but tailwinds persist
A RECOVERY in supply and reduced investor demand resulted in an oversupply of platinum in the first quarter of this year, said the World Platinum Investment Council (WPIC) in an…
Is this a new era for platinum? Its miners think so
SINCE the decline of gold production in the 1990s, platinum has become South Africa’s most valuable strategic metal, and among its most important economically. Of critical raw…
Nornickel bets on AI to find palladium uses
NORILSK Nickel is deploying artificial intelligence as part of a $100m push to develop new applications for palladium, as electric vehicles threaten to erode the metal’s dominant…
Hybrid vehicle sales will buoy platinum until 2026
THE SURGE in the platinum price over the past month to above $1,385/oz may be followed by a short-term correction, but it is expected to continue appreciating in the remainder of…
Valterra CEO confident platinum price rally is sustainable
THIS year’s Platinum Week conference in London in May was a turning point for platinum group metals (PGMs) and the miners, said Valterra Platinum CEO, Craig Miller. Speaking at…
For many in the US, battery electric vehicles don’t add up
THERE is not a single charging station for electric vehicles (EVs) in Wyoming, a predominately rural state in the mountainous west of the US where people tend to drive large…
Time to let out the handbrake on platinum group metals?
The JSE’s four largest platinum miners cut nearly R30bn in planned capital and stay-in-business expenditure in February in a clear vote that the metal’s price, and those of its…
Sibanye-Stillwater, Heraeus to boost long-term palladium demand
SIBANYE-Stillwater has teamed up with metals trader and recycling company Heraeus Precious Metals to investigate use of palladium in downstream hydrogen applications. The two…
SA PGM earnings to “underwhelm” as price retraction, cost inflation and capex hit home
EARNINGS from South Africa’s platinum group metal (PGM) companies may prove disappointing owing to a retraction in the average PGM basket price in the second half of the year,…
Not bad for a perfect storm: PGM leaders unfazed by rhodium price collapse
PLATINUM Group Metal (PGM) mining executives said today that the correction in metal prices since mid-year was not cause for panic as they were still 40% above the average basket…
Despite the roadblocks, electric vehicles will change a highway near you, for good
ELECTRIC vehicles (EVs) are revolutionising automotive markets. While the technology is still advancing, they already cost far less to run than a traditional internal combustion…