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The gold market has seen significant profit-taking after hitting all-time highs above $2,480 an ounce at the start of the week. While prices may continue to move lower, one bank is warning investors against betting against the precious metal.

Over the course of April and May, an inflow of more than half a million ounces of platinum poured into exchange traded funds (ETF) holdings in the UK, the biggest since South Africa’s ETF initial public offering (IPO) on the Johannesburg Stock Exchange nearly a quarter century ago.

Sibanye Stillwater would be forced to shutter its Montana palladium mine if prices fail to rebound soon, CEO Neal Froneman said Wednesday, according to Bloomberg. "The future of Stillwater remains in the balance," the CEO said when asked at a London conference about the outlook for the Montana mine. "If there's no correction in the price soon, as strategic as it is, we will have to put it on care ...

Heraeus has acquired McCol Metals, a Canadian recycler that specializes in recovering iridium from spent mixed metal oxide electrodes. McCol Metals will continue its recycling operations in St. John's, Newfoundland and Labrador. The site will be operated by Heraeus Precious Metals, the precious metals division of the Heraeus Group.

Simulations at imec showed that using ruthenium vias for the first four layers of the interconnect stack reduces overall resistance by as much as 60%.

Four leaders in the North American catalytic converter recycling industry, PGM of Texas, Legend Smelting and Recycling, Daniel Ball Converter Recycling, and Maryland Core, have rebranded as Elemental North America. Announced June 19th, the new name signals the evolution of these companies from the collection and processing of used catalytic converters to a new stage of recovering and refining ...

The DOE's Office of Energy Efficiency and Renewable Energy's Hydrogen and Fuel Cell Technologies Office is spending about $4 million to build a new facility for this research at Argonne National Laboratory. The new facility is expected to open in fall 2025.

"China's data did show a pause," David Tait, CEO of the World Gold Council (WGC), told Reuters on the sidelines of the Asia Pacific Precious Metals Conference in Singapore. "(But) they are just waiting and watching. If prices correct to the $2,200 per ounce level, they will resume again."

The new hydrogen fuel cell technology is expected to be more productive and affordable than trends in present-day markets. It employs a cheaper ceramic membrane than platinum, a valuable metal that is added to any product and increases its overall price.

Tesla's new hydrogen project aims to use fuel cells to generate electricity. The first hydrogen-powered car, Model H, is expected to debut in 2026.