As we head into a new decade, platinum group metals (PGMs) will continue to be a vital part of managing carbon emissions globally. This was demonstrated most clearly to me during a recent layover in Beijing. Looking out across the tarmac, it was impossible to see clearly beyond 500 yards. I was shocked at just how bad the air quality was. After asking around, I was informed that locals considered the day to be bright, sunny and clear.
To me, seeing the emissions-related smog in that emerging economy means short- and long-term demand for PGMs will far outweigh the readily available supply, especially considering that both China and India (two of the world’s most populated countries) have only begun to regulate carbon dioxide (CO2) emissions in recent years. Despite reports and forecasts of slowing western economies, the fact that China and India have set particularly aggressive emissions management targets will drive ongoing increased demand for PGMs.
Jubilee Metals Group plc (LON:JLP) is a diversified metals recovery company, they secured surface platinum-bearing tailings to recover PGMs and chromite, lead, zinc and vanadium bearing tailings in Zambia and holds the mining right to a primary PGM project in the Eastern Bushveld complex.
