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Platinum Supply Crisis Looms as Waterberg Project Advances

Platinum Group Metals Ltd. advances Waterberg Project amid projected multi-year platinum supply deficits. WPIC forecasts 8% annual shortfalls, creating opportunities in automotive and clean energy sectors.

The projected platinum supply deficit represents a fundamental shift in global commodity markets with direct implications for consumers, investors, and multiple industries. Platinum's critical role in automotive catalytic converters, industrial manufacturing, and emerging hydrogen fuel cell technology means that sustained shortages could drive up costs for vehicle production, manufacturing processes, and clean energy adoption. For investors, this creates potential opportunities in platinum mining companies positioned to benefit from rising prices, while manufacturers may face increased production costs and supply chain challenges. The timing of Platinum Group Metals' Waterberg Project development could not be more significant, as the world faces what appears to be a structural rather than temporary supply constraint in a metal essential to both traditional industries and the clean energy transition.