Tuesday, 02 January 2024 12:17 GMT

Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) Eyes Strategic Opportunity Amid Growing Defense Demand


(MENAFN- Investor Brand Network)
  • The defense sector is emerging as a driver of platinum and palladium demand.
  • Platinum Group Metals Ltd. is focused on the development of the world-class platinum group metal Waterberg deposit in South Africa.

Platinum and palladium are quietly becoming important to modern defense technology. From hydrogen fuel cells in armored vehicles to high-performance electronics in advanced aircraft, militaries worldwide are turning to these critical metals to power the next generation of strategic systems. Platinum Group Metals (NYSE American: PLG) (TSX: PTM) is well positioned to benefit from this trend, advancing the high-quality Waterberg Project that promises a reliable supply of platinum, palladium and associated metals for both defense and industrial applications.

The defense sector is emerging as a driver of platinum and palladium demand ( ). Platinum plays a critical role in hydrogen fuel cell technology, particularly proton exchange membrane (“PEM”) fuel cells, which are increasingly used in defense applications such as unmanned aerial...

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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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