POD podium minerals limited

Number 1 on the Podium - Find me a cheaper Precious Metals play, page-955

  1. 2,936 Posts.
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    Nice announcement for us from Anglo-American (world's larget producer of PGMs)

    that its 2022 refined production has been revised down to between 4.2 million and 4.6 million platinum group metals ounces, down from guidance of between 5.0 million and 5.1 million ounces for 2021.Metal-in-concentrate production will remain flat in 2023 and 2024, it added, noting that it will suffer lower refined PGM production in 2023. Refined production in 2024 should recover to between 4.1 million PGM ounces and 4.5 million PGM ounces, it said.

    So lower production moving forward in the medium term. Should be very beneficial and bullish for PGMs especially if it can be coupled with a return to normality in car production. I wonder if there are any Aussie companies out there successfully looking for PGMs.....
 
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