... I am just trying to work out whether the reduction in motor...

... I am just trying to work out whether the reduction in motor vehicle production will necessarily translate into a fall in demand of platinum.


the nice thing about PLA is that whatever the answer to the question is, imo its good news:

(a) if demand does fall, platinum prices will be under pressure, but since so many other miners will have to stand back to avoid losses, supply and demand will quicly come back into balance (with PGM prices still around the $1000 level) and PLA will be one of the surviving low cost profitable producers

OR

(b) if demand does not drop, PLA will be even more profitable than the other producers

i.e. (a) is quite good news and (b) is very good news