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Jubilee Metals Group Plc

9% increase in platinum demand in 2019

The WPIC has published its Platinum Quarterly for the second quarter of 2019 together with revisions to both the full year 2019 forecast and 2018 actual.

The World Platinum Investment Council (WPIC) ’s report forecasts a substantial 9% increase in total platinum demand in 2019, owing to solid investment demand that more than offsets expected demand decreases in the automotive and jewellery segments of 4% and 5% respectively.

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.

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.