The gold rush for palladium is on., page-2

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bryansamui

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19/09/20

06:03

Post #: 47467145
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Originally posted by bluesamurai: ↑

metal.Even with increasing EV sales, the demand for palladium is not expected to decrease. The design of current catalytic converters cannot simply replace palladium with more readily available platinum as they would have to be redesigned to accommodate the different chemistry of platinum. Diesel-powered vehicles can use platinum in the catalytic converters, but gasoline powered vehicles are currently restricted to palladium. Research indicates that a number of technological advances are required before platinum can replace palladium in the exhaust system. The growing market for hybrid cars is going to see global demand for palladium continue to outstrip supply. In addition, speculators and ETFs are also playing in the space, causing price volatility and supporting the metal’s price trending higher.So, the bull market for palladium is expected to continue. Mineral exploration companies targeting PGMs will be able to capitalize on the current market excitement, making this a great time to invest in well managed, properly capitalized companies. And especially given the predominance of Russia (not particularly friendly to the western world) and South Africa, any PGM exploration company in friendly and PGM-rich countries is going to have a lot of market attention. QUOTE.
Just a note ,could be nothing but Elon Musk’s Tesla Battery Day launch 22/9/20 May be of interest to IPT as the addition of palladium is muted as the game changer element in the new EV battery technology DYOR.

https://investorintel.com/sectors/technology-metals/technology-metals-intel/the-gold-rush-for-palladium-is-on/

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Yes indeed blue, it is getting exciting. I've dug up this screen shot. Original ASX announcement was 3/3/17

Red Hill Hole 12 they discovered 294g/tonne (9oz) Palladium .Also 4.6g/tonne Rhodium That's massive grades isn't it?

IPT Price at posting: 2.5¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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