A new report by Johnson Matthey, a group focusing on sustainable technologies, indicates that the demand for platinum is again going to exceed the available supply in 2026. This is largely due to constrained mine production amid robust demand among industrial users of the metal. In contrast, PGMs like rhodium and palladium are set to record a marginal surplus in 2026.
All in all, the market outlook remains bullish for PGMs, and producers like Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) can look forward to ongoing favorable…
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