Platinum group metals can add million South African jobs

JOHANNESBURG (miningweekly.com) – Collaborative marketing of platinum group metals (PGMs) has the potential to add a million more South African jobs and contribute R8-trillion more to the economy as the world greens and lowers carbon intensity.

The combination of green hydrogen displacing natural gas and fuel cell electric vehicles (FCEVs) displacing internal combustion engine vehicles, could result in net carbon dioxide savings of up to 11% of the Paris Agreement’s 2030 targets. (Also watch attached Creamer Media video.)

A PGMs growth opportunity for South Africa of between 34% and 51% by 2030 from the current annual base of 4.7-million ounces can be provided by FCEVs and hydrogen electrolysers.

Jubilee Metals Group plc (LON:JLP) is a diversified metal recovery business with a world-class portfolio of projects in South Africa and Zambia. The Company’s expanding multi-project portfolio across South Africa and Zambia provides exposure to a broad commodity basket including Platinum Group Metals, chrome, lead, zinc, vanadium, copper and cobalt.

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