Finanzen / Bilanzen

Platinum, palladium and battery metals

Palladium is scratching the USD 1,000 mark. Chart technicians see an important barrier at USD 1,041 per troy ounce. A jump above this resistance would trigger a wave of buying. Platinum currently costs around USD 1,094 per ounce and is currently experiencing a price rally. This would only be interrupted if the price were to fall below USD 1,054. Demand for platinum from China is increasing. Both the platinum and palladium markets are in deficit and this could increase. The World Platinum Investment Council forecasts a platinum deficit of around 500,000 ounces for 2025. The reasons for this are, on the one hand, a shrinking supply from South Africa and, on the other, a decline in recycling volumes. Fewer automotive catalytic converters are being recycled as the average age of vehicles has risen, particularly in the USA.

There could therefore be an upward trend ahead for both metals and the associated shares. And for many major platinum metal producers, prices are (still) low. Today, around 65% of global platinum and palladium production flows into automotive catalytic converters. If overall sales of vehicles with combustion engines remain stable, and it looks like they will, and if the rise of hybrid cars continues, platinum group metals will be in high demand. Hybrids and plug-in hybrids are gaining market share, and they require more platinum group metals than combustion engines. The number of electric vehicles is likely to increase, but whether this will slow down the expected increase in hybrids remains questionable. Hydrogen-powered vehicles could also conquer the market and thus boost PGM consumption.

Of interest to investors are Sibanye-Stillwaterhttps://www.commodity-tv.com/ondemand/companies/profil/sibanye-stillwater-ltd/ – (platinum, palladium and gold) with operations in South Africa and the USA.

Green Bridge Metalshttps://www.commodity-tv.com/ondemand/companies/profil/green-bridge-metals-corp/ – with its promising Chrome Puddy project in Canada stands for battery metals and nickel in particular.

Current company information and press releases from Sibanye-Stillwater (- https://www.resource-capital.ch/en/companies/sibanye-stillwater-ltd/ -) and Green Bridge Metals (- https://www.resource-capital.ch/en/companies/green-bridge-metals-corp/ -).

In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.

Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 – 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/en/disclaimer/

Firmenkontakt und Herausgeber der Meldung:

Swiss Resource Capital AG
Poststrasse 1
CH9100 Herisau
Telefon: +41 (71) 354-8501
Telefax: +41 (71) 560-4271
http://www.resource-capital.ch

Ansprechpartner:
Jörg Schulte
Telefon: +49 (2983) 974041
E-Mail: info@js-research.de
Für die oben stehende Story ist allein der jeweils angegebene Herausgeber (siehe Firmenkontakt oben) verantwortlich. Dieser ist in der Regel auch Urheber des Pressetextes, sowie der angehängten Bild-, Ton-, Video-, Medien- und Informationsmaterialien. Die United News Network GmbH übernimmt keine Haftung für die Korrektheit oder Vollständigkeit der dargestellten Meldung. Auch bei Übertragungsfehlern oder anderen Störungen haftet sie nur im Fall von Vorsatz oder grober Fahrlässigkeit. Die Nutzung von hier archivierten Informationen zur Eigeninformation und redaktionellen Weiterverarbeitung ist in der Regel kostenfrei. Bitte klären Sie vor einer Weiterverwendung urheberrechtliche Fragen mit dem angegebenen Herausgeber. Eine systematische Speicherung dieser Daten sowie die Verwendung auch von Teilen dieses Datenbankwerks sind nur mit schriftlicher Genehmigung durch die United News Network GmbH gestattet.

counterpixel