The rally in platinum prices has been significantly fueled by production disruptions in S. Africa, the world's largest platinum producer. Mining output of PGMs fell by 24% YoY in April 2025, representing the peak of what industry analysts at Morgan Stanley described as an "exceptionally weak" production period.
Platinum soared to its highest level since 2014 on Thursday, fueled by supply concerns and a wave of speculative buying. By midday, the precious metal had gained nearly 5% to trade at $1,406 an ounce, after hitting a fresh 11-year high of $1,416 earlier. Palladium also jumped by 4.8% to about $1,111 an ounce.
Former Anglo American Platinum chairman and CEO Barry Davison has passed away, industry sources said on Monday. He was 80. In addition to chairing Anglo American Platinum, Davison headed Anglo American’s ferrous metals and industries divisions. He was also an executive director of Anglo American Group from 2001 to 2005, serving under its then CEO Tony Trahar.
Miller highlighted that PGM market fundamentals remained robust, with demand and supply fundamentals suggesting a price upside. Existing demand is projected to remain stronger than initially forecast, while new demand would come from high-potential new use cases.
Silver leapt but the price of gold struggled in London Tuesday, extending this stretch of diverging prices to the longest in the 21st Century as the more industrially useful precious metal broke 13-year highs >$37/toz.
Platinum has become more attractive for investment and jewelry as more investors shift from gold. Forecast places platinum supply at its lowest since COVID-19 period. US-China trade deal and a weaker US dollar will fuel the precious metal’s demand amid the persistent supply deficits
Bullion slid as much as 1.6% to $3,268, and has lost more than 5% since peaking above $3,500 on Wednesday. Investors acted on signs of a thaw in US trade talks, after President Donald Trump on Friday suggested another delay to his higher “reciprocal” tariffs was unlikely. In this context, Asian nations may strike interim deals to stave off levies before the 90-day grace period ends in July. The ...
Total silver demand fell by 3% to 1.16Boz in 2024. The decline was primarily driven by weakness in physical investment and slightly lower silverware and photographic demand. The drop was partially offset by the continued strength of industrial demand, which enjoyed another record year. In keeping with 2023, growth was underpinned by record electronics & electrical demand. This reflected structural ...
Trump’s tariffs excluded PGM exports and other raw minerals but their application to imported cars and imported car parts would nonetheless impact the sector. The shock of the 30% tariff placed on South African goods was reflected in equity prices. Shares in Impala Platinum fell just over 8% in Johannesburg by mid-afternoon. Shares in Amplats and Sibanye-Stillwater shares declined 7% and 5.5% ...
Precious Metals and Freudenberg e-Power Systems are joining forces in the field of CCMs, a pivotal component of fuel cells, through a cutting-edge technology partnership.
The exact usage rates are little-reported, but according to our research on the topic one year ago, the old 9 milligrams per Watt (mg/W) for Mono PERC, 22 mg/W heterojunction, and 13 mg/W TOPCon had each fallen by one-third in leading research efforts, meaning the industry could operate as low as 10 mg/W today if silver became expensive enough to justify the outlay of more efficient processes ...
Silver continues to see firm resistance at $34 an ounce; however, one analyst said that the precious metal’s time will come, and it could be later this year.
“The market fundamentals of supply and demand suggest upside to the current PGM basket price,” CEO Craig Miller highlighted about a group of precious metals that touch lives globally in the form of platinum, palladium, rhodium, iridium and ruthenium.
The newly developed catalyst features a ruthenium (Ru)-based nanocluster with a core-shell structure. Despite using only a minimal amount of precious metal, it delivers world-class performance and exceptional stability. Moreover, when applied to industrial-scale water electrolysis equipment, it demonstrated remarkable efficiency, highlighting its potential for commercial applications.
Gold investors will be celebrating this weekend as the precious metal prepares to end the week close to its new milestone record high above $3,000 an ounce.
Palladium remains inexpensive compared to gold and silver at below the $1,000 per ounce level. Accumulating palladium at the current price and lower could be optimal, as the odds favor higher prices over the coming months and years.
Rhodium prices have leapt to their highest in 20 months, as buying interest from Amplats coincided with strong demand and lower first-quarter output in South Africa, two sources familiar with the matter said.
PEM (Proton Exchange Membrane) and now PTE (Porous Transport Electrodes) are a reflection of PGM (Platinum Group Metals) and green hydrogen good fortune, with PTE following an earlier ruthenium breakthrough to ensure supply at an acceptable price of iridium, which, in turn, assures the generation of affordable green hydrogen. Further good news for South Africa arises when fuel cells, which also ...
Under the 2021 Corporate Transparency Act which aims to combat money laundering and other illicit financial activity, most incorporated businesses must disclose their beneficial owners to the Treasury Department’s Financial Crimes Enforcement Network. The law defines a beneficial owner as any individual who exercises substantial control over a company or owns or controls at least 25% of a company ...
