Disseminated on behalf of Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) and may include paid advertisements.
Platinum Group Metals (NYSE American: PLG) (TSX: PTM) is positioned for opportunity as research points to the onset of sustained global platinum scarcity. “As deficits deepen, the company is advancing its large-scale Waterberg Project in South Africa, an asset that could help address what analysts describe as a structural platinum shortage with consequences across the automotive, industrial and clean energy sectors,” reads a recent article. “Located on the northern limb of South Africa’s Bushveld Complex, the Waterberg deposit is designed as a bulk, mechanized, decline accessible underground mine with an emphasis on platinum, palladium, rhodium and gold. The project contains large-scale, shallow, thick mineralized zones suitable for modern, low-cost production methods. The 2024 Waterberg definitive feasibility study highlights the potential for a long-life mine and production profile that could serve both the automotive and emerging hydrogen sectors.”
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