Platinum now U$1645 and Palladium UD$465. I can see PGM prices rising even further with;
1. Increased buying for the US ETF.
2. Increased global car production.
3. Higher SA electricity costs.
4. Reducing Russian Palladium stockpile.
Question: At what level would Australian PGM mining become economical? Panton's 50,000 oz per annum would be a very useful addition to PLA PGM production.
BR
Max