The World Platinum Investment Council believes 2019 looks encouraging for platinum group metals based on continued demand growth for platinum
This is predominant in the industrial sector coupled with a consequent rebound in investment.
As such, WPIC CEO PAUL WILSON believes that the industry can look forward to a number of promising trends in 2019.
According to the WPIC’s latest Platinum Quarterly, the 2019 forecast is introduced with a market surplus of 455 000 oz which is 10% lower than the surplus in 2018, reflecting increases of 2% in both supply and demand.
Jubilee Metals Group plc (LON:JLP) is a diversified metals recovery company, focusing on the reprocessing of historical mine waste and surface materials. Their projects in South Africa include the Hernic Platinum Project, DCM Platinum & Chrome Project and the PlatCro Platinum Project.