SA’s platinum group metal producers want the substitution of palladium with platinum, but there's a problem
As one SA’s platinum group metal miners have spoken of the need for carmakers to consider the substitution of palladium with platinum as a way to ease growing shortages of the former and to bring the market back into balance.
It’s been a notable feature of this year’s results season that there hasn’t been a single dissenting voice from SA’s PGM miners regarding a solution for carmakers who face high prices for palladium and sister metal rhodium as supply falls behind demand.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.
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