- Platinum prices have recently reached their highest levels in more than two years.
- Palladium has also seen renewed interest as industrial demand stabilizes and inflation pressures persist.
- Platinum Group Metals Ltd. stands out due to its advanced-stage project, strong partnerships and commitment to innovation.
In recent weeks, platinum and palladium prices have gained considerable momentum, driven largely by a resurgence in demand from China’s jewelry sector and increasing concern over global supply constraints. Platinum Group Metals (NYSE American: PLG) (TSX: PTM), a development-stage mining company focused exclusively on platinum group metals (“PGMs”), is well positioned to capitalize on these favorable conditions. With a strong asset base and an advanced development project in South Africa, the company is pursuing a strategic path toward becoming an important supplier in a resurging PGM market.
Platinum prices have recently reached their highest levels in more than two years, trading above $1,095 per ounce, up more than 20% year-to-date (https://ibn.fm/GAzra). This rally has been fueled by a notable uptick in Chinese demand, particularly for platinum jewelry, which had previously lagged behind…
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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