- The rise of hybrid electric vehicles and advancements in hydrogen technologies are creating opportunities for platinum and palladium.
- Platinum Group Metals Ltd. is uniquely positioned to benefit from favorable market trends.
- The company is focused on advancing its Waterberg Project, which is expected to be a key supplier of platinum and palladium.
The platinum group metals (“PGMs”), including platinum, palladium and rhodium are poised for growth in 2025, driven by demand in the automotive, hydrogen-energy and industrial sectors. These positive projections bode well for companies operating in the space, including Platinum Group Metals (NYSE American: PLG) (TSX: PTM), majority owner and operator of the Waterberg PGM Project in South Africa.
Global initiatives to reduce carbon emissions, the rise of hybrid electric vehicles and advancements in hydrogen technologies are creating robust opportunities for these metals. The global platinum market is expected to grow at a compound annual growth rate (“CAGR”) of 4.5% from 2024 to 2033, increasing…
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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