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LME to Stop Conducting Platinum, Palladium Auctions in 2026

The global market for precious metals is at a major inflection point as the institutional frameworks underpinning its operations are undergoing fundamental restructuring. The discovery mechanisms for benchmark prices are undergoing a transformation as a result of technological advancement, strategic realignment within the system and heightened regulatory oversight.

The change is a paradigm shift that platinum and palladium ecosystem participants like Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) hope goes smoothly so that the industry isn’t disrupted by…

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