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Haitian Water Group & Heraeus

China’s Haitian Water Group, which is branching into the solar sector, will pay German tech giant Heraeus CNY502 million (USD68.8 million) in cash for its solar silver paste operations and factories in China and Singapore, which produce a key raw material that forms the metal electrodes in photovoltaic cells.

Gold

Gold is heading for one of its biggest annual gains this century, with a 27% advance that’s been fueled by US monetary easing, sustained geopolitical risks, and a wave of purchases by central banks.

Gold Gold Gold

Many analysts expect gold prices to hit $3,000 an ounce next year, but the rally is not expected to materialize until the second half of 2025. At the same time, with prices consolidating around $2,650 an ounce, next year's target would represent roughly a 13% gain compared to this year's nearly 30% rally.

Logos

Sibanye-Stillwater said it entered into a $500 million agreement with mining royalty company Franco-Nevada for the long-term supply of gold and platinum from three of its mines in South Africa.

Silver

Silver could outperform gold again next year, spot price forecast to hit $40/oz in 2025 – Heraeus

PGM's

PGMs are crucial for hydrogen-energy-enabled decarbonisation, especially when employed in proton exchange membrane (PEM) technology used in electrolysers and fuel cells, reports London-based global authority on platinum investment, the World Platinum Investment Council (WPIC).

Silver

In his latest note, Carsten Fritsch, a precious metals analyst at Commerzbank, said he remains bullish on silver for 2025, as the metal looks to end the current year in lockstep with gold. The current gold/silver ratio is trading around 85 points, roughly where it started the year, even as prices have risen 30% in 2024.

New platinum-nickel core-shell catalyst shows stability for oxygen reduction reactions

New platinum-nickel core-shell catalyst shows stability for oxygen reduction reactions
"We can enhance the performance of platinum by tuning its surface structure, which helps it react more efficiently," says Di Zhang, a specially appointed assistant professor at Tohoku University's Advanced Institute for Materials Research (WPI-AIMR).

The average grain size of a typical bulk metal is about 10 μm at the smallest. In this new technology, the average crystal grain size can be controlled in the nano scale. As a result, the developed pure platinum, with 99.9% or higher purity, has 10 times the hardness and 4 times the strength of typical platinum materials.

Silver

The Silver Institute and Metals Focus says global silver demand in 2024 will largely grow due to gains from green economy applications, especially the PV sector. It expects the global silver market to show a physical deficit of around 182 million ounces in 2024, marking the fourth consecutive year of shortfall.

A research team of the Korea Institute of Science and Technology (KIST) has successfully developed a high-efficiency water electrolysis catalyst that significantly reduces the amount of iridium used to one-twentieth of that in commercial catalysts. This innovation addresses a major hurdle in the global scale-up of water electrolysis facilities, where the high price of iridium catalysts has been a ...

~40%! That’s the kind of returns Silver has delivered this year. Silver’s demand has outstripped its supply for the past 4 consecutive years. Its industrial applications continue to rise across the industries of tomorrow. As such, the rise in prices is driven by more than just a need to diversify - but fundamental reasons that can support prices. It's therefore no surprise, that market experts ...

Gold pared gains after reaching a fresh record high amid tensions in the Middle East and the approaching US presidential election.
Silver advanced as much as 1.7% on Monday to the highest since 2012 before surrendering those gains.

A potential supply crunch is creating new momentum in palladium as prices push above $1,150 an ounce, up more than 9% on the day.
According to reports, palladium’s fortunes have turned after the U.S. government asked its Group of Seven allies to consider placing sanctions on Russia’s supply of the precious metal, along with titanium.
Russia is one of the top producers of palladium and titanium ...

The platinum market is facing its largest supply deficit in over a decade, driven by declining mining output, recycling challenges, and robust industrial demand, according to the latest report from the World Platinum Investment Council (WPIC). Despite this massive gap, prices have not reacted as many would expect, leaving investors questioning the factors behind this disconnect. At the time of ...

China, already a dominant player in the automotive industry, is projected to surpass Western Europe as the largest market for heavy-duty autocatalyst platinum this year. Diesel engines, commonly used in heavy-duty applications like trucks and buses, require more platinum-intensive emissions treatment systems compared to gasoline-powered light vehicles. As a result, the Chinese market is expected ...

But a tapering in growth of EV sales, and a surge in demand for hybrid cars that need catalytic converters to curb pollution, have given PGMs a new lease of life that could put a floor under prices and keep some mines open for longer.

Auto Catalyst Recycle

The Senate is currently considering amendments to the proposed "Preventing Auto Recycling Theft Act" (PART Act), which could restrict the recycling of platinum, palladium, and rhodium—three critical precious metals used in catalytic converters to reduce harmful emissions from gasoline and diesel-powered vehicles.

Business

On September 5, 2024, the International Precious Metals Institute (IPMI) and the Recycled Materials Association (ReMA), leading trade organizations in the precious metals recycling sector, formally expressed their opposition to Senate Amendment 2422, part of the proposed National Defense Authorization Act (NDAA) for Fiscal Year 2025. In a letter addressed to key members of the Senate, including ...

“It’s a confluence of things but the market is very illiquid so our production cut at Stillwater is significant,” said James Wellsted, head of corporate affairs at Sibanye-Stillwater.
“There’s an element of Stillwater in this,” said Arnold van Graan, an analyst at Nedbank Securities. “We said previously that to be bullish on the palladium market you would need catalysts including selling more ...

Business

Aschaffenburg, September 6th, 2024 – Hensel Recycling GmbH, an expert in the recycling of end-of-life PGM materials and Mastermelt Ltd, a leader in the refining of complex PGM materials are pleased to announce a strategic collaboration aimed at advancing the recycling and processing of PGM-based fuel cell and electrolyser materials in Europe.