Tuesday, 02 January 2024 12:17 GMT

Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) Seizes Opportunities Amid Rising Global Platinum Jewelry Demand


(MENAFN- Investor Brand Network)
  • The global demand for platinum jewelry is experiencing a notable resurgence, with China leading the charge.
  • Forecasts indicate that total platinum supply in 2025 will be the lowest in five years.
  • Platinum Group Metals is strategically advancing its Waterberg Project, a bulk underground platinum, palladium, rhodium and gold deposit located in South Africa.

In 2025, platinum is experiencing a renaissance in the global jewelry market, driven by a surge in consumer interest, particularly in China ( ). This uptick in demand is not only revitalizing the jewelry sector but is also influencing the broader platinum market, affecting supply dynamics and pricing. Platinum Group Metals (NYSE American: PLG) (TSX: PTM) is strategically positioned to capitalize on this resurgence. The company is advancing its Waterberg Project in South Africa, a significant platinum group metals (“PGM”) deposit, and exploring new technologies to enhance the utilization of PGMs in various applications ( ).

The global demand for platinum jewelry is experiencing a notable resurgence, with China leading the charge. In the first quarter of 2025, Chinese platinum jewelry fabrication rose by 26% year-on-year, supported by platinum's discount relative to gold prices. This trend is expected to continue, with global...

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NOTE TO INVESTORS: The latest news and updates relating to PLG are available in the company's newsroom at

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