JOHANNESBURG (miningweekly.com) – Johannesburg Stock Exchange-listed platinum group metals (PGM) mining and marketing company Valterra Platinum is actively supporting long-term PGM demand growth through strategic industry partnerships.
Following its collaboration with Johnson & Matthey and Sibanye-Stillwater earlier this year, two separate partnerships have been initiated, one with Umicore in Germany and Pujing Chemicals in China, to expand the use of PGMs in industrial applications. (Also watch attached Creamer Media video.)
“We remain highly confident in the robust outlook for PGM demand,” Valterra CEO Craig Miller reported during the company’s presentation of stunning 1 633% headline earnings in the half-year to June 30.
“Consensus forecasts are largely built around today's known applications, and in our view, continue to underestimate the potential impact of innovation, substitution, and supportive policy developments.
“As economies become wealthier, demand naturally increases for technologies that enhance efficiency, productivity, and sustainability, creating new opportunities for PGMs,” Miller explained during the presentation covered by Mining Weekly.
