A platinum renaissance?

arebrand in recent years of platinum companies into platinum group metals (PGMs) producers was to acknowledge the increasing role played by palladium, and more recently rhodium, in the performance of the sector. For instance, the two metals comprised half of Impala Platinum’s (Implats’) revenue in its 2020 financial year, even though the company is predominantly a platinum producer.

Yet, there’s growing evidence that the much-ignored platinum is finally back on investors’ radars. “A lot of interest that we’ve seen in platinum, whether it’s through futures positioning at the Joburg Indaba PGM conference earlier this month.