Platinum demand surged 25% in 2023 and will remain robust in 2024
The platinum market shifted to a significant deficit of 878 koz in 2023. Total demand surged by 25% year-on-year, reaching
Read moreThe platinum market shifted to a significant deficit of 878 koz in 2023. Total demand surged by 25% year-on-year, reaching
Read moreNortham Platinum’s Sales revenue for the period amounted to R15.0 billion, representing a decrease of 25.5% (H1 F2023: R20.1 billion).
Read moreReferring to the announcement dated 1 September 2023 regarding Sable Platinum Holdings (“SPH”), a wholly owned subsidiary of SEAM entering
Read moreAt the end of last year, the South Korean government held its sixth Hydrogen Economy Committee meeting, announcing major policies
Read moreGlobal recycling of platinum declined 15% year-on-year (-65 koz) to 352 koz in Q3’23. This was driven by far weaker
Read moreRefined platinum supply edged 1% (+12 koz) higher year-on-year to 1,402 koz in Q3’23. This was primarily due to higher
Read moreSome themes that have characterised the past couple of years are expected to continue into 2024. Supply is expected to
Read moreThe recent announcement that a new ruthenium-based catalyst has been developed to reduce reliance on iridium in proton exchange membrane
Read morePlatinum Quarterly data set examines activity in the third quarter of 2023. It also includes a revised estimate for full-year 2023
Read moreJohannesburg – The development of a green hydrogen economy in South Africa took an important step forward with the collaboration
Read morePlatinum is expected to transition into a supply deficit from 2023, with consecutive supply/demand shortfalls being sustained through to 2027
Read moreElectrolyser capacity is ramping up as both production and deployment expand in response to growth in demand for green hydrogen.
Read moreRegenx Tech, a technology company specializing in the recovery of precious metals from end of life materials, yesterday announced the
Read moreA platinum deficit of over one million ounces is now forecast for 2023. Strong automotive demand growth is a key
Read moreThe platinum market has been fairly dull through most of 2023 as prices trade in a broad $100 range between
Read moreThe pressure seen in the PGM market manifested itself in some unusual and often aggressive selling patterns, with renewed fears
Read moreIn a fuel cell electric vehicle (FCEV) electrical power is produced by converting chemical energy to electrical energy using a
Read moreThe latest data from the World Platinum Investment Council – WPIC® forecasts a record platinum market deficit of almost one
Read moreToday we publish our thirty-fifth Platinum Quarterly data set, which examines activity in the first quarter of 2023. It also includes an
Read moreWith the Coronation of His Majesty King Charles III taking place on Saturday, May 6, The Royal Mint has just
Read moreSouth Africa – South Africa is the world’s largest producer of platinum, and the Bushveld Complex in the country’s northeast
Read moreGlobal vehicle production remains below pre-pandemic levels, yet platinum automotive demand is growing. In 2022, platinum automotive demand rose 12
Read moreRefined mine production in 2022 fell 11% (-717 koz) year-on-year to 5,579 koz. While the release of around 400 koz
Read moreDuring the fourth quarter 2022, the global economy surprised to the upside, remaining stronger than expected. Growth rates for the
Read moreWhil The forecast deficit for 2023 (-556 koz) is deeper than projected in Q3’22 Platinum Quarterly, primarily on the identification
Read moreAfter two years of significant surpluses the platinum market is forecast to move to a material deficit in 2023. The
Read moreAir Liquide and TotalEnergies recently announced their decision to create a joint venture to develop a network of more than
Read moreThis year is forecast to be the second strongest year for industrial platinum demand on record, despite the challenging economic
Read moreDespite a strong start in the first quarter of 2022, last year proved to be a consolidation period for the
Read moreThe fuel cell electric vehicle market is developing as manufacturers eye growth, buoying the prospects for related platinum demand Next
Read more