Home » Market News » DirectorsTalk Highlights » Commodity outlook: demand for platinum group metals to increase
Jubilee Metals Group Plc

Commodity outlook: demand for platinum group metals to increase

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.

To read the full news article please click here

Receive our exclusive interviews – Enter your email to stay up to date.

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