Soaring production of electronic vehicles has made palladium more valuable than gold. The metal is used in car batteries and demand should continue to increase, especially after the U.S.-China trade dispute resolves.
The price of palladium, a precious metal 30 times as rare as gold, has risen by more than 50% since August, surpassing the price of gold for the first time since 2001.
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.