Platinum group metals demand set to overwhelm supply balance
21ST JANUARY 2021
Excerpt:
”In his 50-pages-plus study, Davis concludes that substantial platinum supply/demand issues will proceed increasingly from 2021, and that this rarefied imbalance will result in significant upward price pressure on platinum going into the future.”
”Davis surmises that the emphasis placed on the choice of reef to be mined in order to meet the high demand for palladium and rhodium, will likely be at platinum’s expense, and that substantial capital investment, which may be difficult to raise, will be needed to open up considerably more platinum-rich reef to meet demand projections.”
https://www.miningweekly.com/articl...-to-overwhelm-supply-balance-davis-2021-01-21
Kind regards,
Munni Munni, page-511
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