Tuesday, 02 January 2024 12:17 GMT

Missionirnewsbreaks Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) Advances Waterberg Amid Platinum's Historic Rally


(MENAFN- Investor Brand Network) Platinum Group Metals (NYSE American: PLG) (TSX: PTM) is strategically positioned to benefit from a historic surge in platinum prices, which have risen more than 40% in 2025 amid global supply constraints and growing industrial and investor demand. With its flagship Waterberg project in South Africa, the company is advancing production of platinum, palladium, rhodium, gold, copper, and nickel to meet rising needs in automotive, hydrogen fuel cells, aerospace, and defense sectors. Supply disruptions in South Africa, including power outages and refinery maintenance, have contributed to significant output declines, tightening the market just as demand intensifies. By focusing on mechanized, low-cost, and sustainable operations, Platinum Group Metals aims to provide a reliable source of critical metals, capitalizing on strong price momentum and positioning itself for long-term growth amid evolving global supply and demand dynamics.

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About Platinum Group Metals Ltd.

Platinum Group Metals is the operator of the Waterberg Project, a bulk underground palladium and platinum deposit located in South Africa. The Waterberg Project was discovered by Platinum Group and is being jointly developed with Implats, Mnombo and HJM. For more information about the company, visit .

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

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