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Watson referenced a chart showing platinum supply decreasing to 2030, as operational expenditures rise and miners close unproductive shafts. “We’re heading into a zone where we’re going to be in a structural deficit going forward,” he said.
Sterck agreed, stating that “it's just fundamentally the combination of mine and recycling supply continuing to run short of demand.” The WPIC projects a ...

We see higher not lower costs of hydrogen and slower not faster take up of production and demand than expected.

Mitsubishi Materials to join effort to prevent resources from being shipped abroad

"It takes real labor and real capital, and it takes energy to get those physical products from the ground," said Melek, and all those costs have been going up. "We are potentially in a world of escalating prices for the long run."

Metal–carbon composites are extensively utilized as electrochemical catalysts but face critical challenges in mass production and stability. We report a scalable manufacturing process for ruthenium surface-embedded fabric electrocatalysts (Ru-SFECs) via conventional fiber/fabric manufacturing.

“We need to see a real structural change in the supply of palladium to reassert pricing power into the market,” he said in an interview. “That’s obviously going to bring some pain but we think it’s necessary.”

Although silver prices rose to an 11-year high last week, the arbitrage window — or the spread between Chinese and world prices — has widened even further. That creates the incentive to send more metal to China, potentially squeezing supply for other countries.

Anglo American rejected on Wednesday a third takeover bid by BHP that valued the company at $49.2 billion, but it has agreed to extend the deadline for the world’s largest miner to make a formal offer. BHP now has until May 29 at 5pm GMT time to table a binding bid for its smaller rival, which is simultaneously working on a radical business overhaul that will see it divest its less profitable ...

The price of silver opened at $31.18 per ounce, as of 9 a.m. ET. That’s up 2.96% from the previous day’s silver price per ounce and up 30.33% since the beginning of the year. The lowest trading price within the last day: $29.72 per ounce. The highest silver spot price in the last 24 hours: $32.51 per ounce.

Umicore announces the appointment of Bart Sap as Chief Executive Officer, effective May 16th.

Anglo American Platinum – To be demerged in a responsible and orderly way to optimise value for both Anglo American’s and Anglo American Platinum’s shareholders

The organization says central banks added $24 billion of gold, weighing 290 tonnes, to their coffers in the first quarter of this year.

Between 2021 and 2023 recycled platinum supply decreased by 30%. Recycled platinum supply declined by 14% year-on-year (-245 koz) in 2023 to 1,495 koz, due to factors including a shortage of end-of-life vehicles and other issues within the scrap supply-chain that are currently considered to be relatively short term.
While recycled platinum supply is forecast to recover by 7% in 2024 to 1,600 koz ...

The platinum market faces its largest supply shortfall in 10 years in 2024 as shipments from Russia return to normal from last year's highs and industrial demand stays firm, Johnson Matthey said in a report on Thursday.

India’s jewellery market maintained its robust growth during the final quarter of last year, while Japan enjoyed modest gains, and the US was flat following a multiyear period of phenomenal post-pandemic performance.

Umicore patented a process for recovering platinum group metals (PGM) from PGM-bearing catalysts containing silicon carbide (SiC). By mixing catalysts with an Fe-oxide compound and smelting in specific conditions, high PGM yields are achieved.

As widely expected, Anglo American Corporation has rejected the £31m takeover bid from BHP saying it “significantly undervalues Anglo American and its future prospects.”

The bid was unanimously rejected by the Anglo board of directors which also commented the BHP proposal “contemplates a structure which the Board believes is highly unattractive for Anglo American’s shareholders, given the ...

About 3 900 jobs are on the line at platinum group metals (PGM) miner Implats as weak platinum prices and input cost pressures have forced it to consider retrenchments, it said today. This number represents about 9% of the workforce at Impala Rustenburg, Impala Bafokeng and Marula, as well as the corporate office. Implats intends to cut 30% of head office costs.

UBS has forecasted a modest surplus in the Pd market, projecting an excess of 50,000 Toz, or 0.5% of demand, for this year. This surplus is expected to contribute to a downward trend in Pd prices, with a target of $900/Toz by the end of 2024. The firm maintains a negative outlook on the metal's future pricing.
The anticipated oversupply is attributed to a decline in demand for auto catalysts ...

GOLD and SILVER PRICES stemmed and reversed some of Monday's steep drop in London trade Tuesday, rallying from near 3-week lows but leaving the 'safe haven' precious metal with its sharpest 1-day drop since May 2022.

Hanau, Germany-based Heraeus Precious Metals has introduced a product line under the brand name Circlear made with 100 percent recycled-content precious metals.