Platinum poised to fire next

Rhodium and palladium hogged the limelight in 2020, but platinum will be the PGM to watch over the months to come, Singapore-based investment fund Auctus Metals said in a report this month.

David Davis, a precious metals consultant who wrote the report for Auctus, pointed to a number of factors on the supply and demand side that could prove bullish for platinum in the near term.

He said efforts by the South African PGM producers to chase those metals with the largest supply deficits – ie rhodium and palladium – meant reefs were yielding lower amounts of platinum over time.

Jubilee Metals Group (LON:JLP) is a global, diversified metal recovery company that operates world-class projects, ensuring a positive impact on the environment and its stakeholders.

Click to view all articles for the EPIC:
Or click to view the full company profile:
Facebook
Twitter
LinkedIn
Jubilee Metals Group Plc

More articles like this

Jubilee Metals Group plc

London copper rises as dollar eases

Nonferrous metals prices rose in London on Tuesday, buoyed by a weaker dollar and improving risk sentiment following state-backed buying of Chinese stocks. Three-month copper on the London Metal Exchange (LME) CMCU3 rose 0.7% to $8,415 per metric ton by 0728 GMT. SHFE copper

Jubilee Metals Group plc

Copper’s critical role in green energy transition

In the Autumn of 2023, the International Copper Study Group (ICSG) forecast that the copper market was likely to experience a significant surplus of the metal in 2024 after several companies worldwide ramped up their operations

Jubilee Metals Group plc

IHC announce the formation of 2PointZero

Abu Dhabi-based conglomerate, International Holding Company (ADX:IHC), announced a landmark move. The IHC Board approved the initiation of the transfer of 2PointZero, a next generation Holding Company comprising several diverse and dynamic companies, to IHC. Spanning

Jubilee Metals Group plc

Jubilee raises $16.6m to fund Zambia copper recovery

Metals recovery business Jubilee Metals has closed a private placement, raising around £13m ($16.6m) to support the recent copper waste rock dump project in Zambia. The company issued 236.3 million new shares in the placement, each

Jubilee Metals Group plc

Copper prices rise on hopes of stimulus in China

Copper price rose on Tuesday on hopes of stimulus in China and some improvement in factory activities in the country. Three-month copper on the London Metal Exchange rose 0.2% to $8,579.50 per metric ton by 0757 GMT. The most-traded February copper