Currently viewing Global edition

The outlook for PGMs in 2023

The trajectory of Platinum Group Metals, or PGMs – of which South Africa holds the vast amount of world reserves – is due to be impacted in 2023 by Vladimir Putin’s ongoing war, the global economic conditions, and the pace of the rollout of both internal combustion engine and electric vehicles.

The outlook for PGMs in 2023 The outlook for PGMs in 2023 The outlook for PGMs in 2023 The outlook for PGMs in 2023 The outlook for PGMs in 2023

WPIC noted that with Putin’s war on Ukraine still rumbling on, Russian PGMs are still reaching the market.

The trajectory of Platinum Group Metals, or PGMs - of which South Africa holds the vast amount of world reserves - is due to be impacted in 2023 by Vladimir Putin's ongoing war, the global economic