Platinum Market Deficit Spurs Price Rally and Innovation
Platinum market faces a 992,000-ounce deficit in 2024, with Platinum Group Metals Ltd. leading efforts to address the shortfall through the Waterberg project.
The ongoing platinum market deficit and subsequent price rally have significant implications for investors, industries, and economies reliant on platinum. This situation highlights the urgent need for innovative solutions and new supply sources to meet global demand, affecting everything from investment strategies to industrial applications and environmental technologies.