17 May 2024: London Platinum Week’s key themes risk deepening deficits, supporting the compelling investment case: 17 May 2024: London Platinum Week’s key themes risk deepening deficits, supporting the compelling investment case: London platinum week was dominated by two themes, downside risks to recycling supply, and higher-for-longer automotive PGM demand stemming from ICE containing vehicles (mainly hybrids), compensating for slowing battery electric vehicle (BEV) growth. Both topics are ones we have highlighted previously, and both have the potential to deepen the ongoing market deficits forecast through 2028. There was equally interesting insight from what was not widely discussed, namely mine supply and hydrogen, both now considered to be longer-term in their impact.
Platinum Perspectives
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