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Sunday, March 26 2017

New Electrocatalyst Uses 99% Less Platinum Than Conventional Designs

Platinum is used as the catalyst in electrolysers that store electric energy as chemical compounds, and it also plays an important role in fuel cells, catalytic converters and many chemical processes used in industry.

A group of Aalto University researchers led by professors Tanja Kallio and Kari Laasonen has developed a manufacturing method for electrocatalysts that only uses one hundredth of the amount of platinum generally used in commercial products. Platinum is a very expensive metal and it is therefore one of the bottlenecks hindering the growth of renewable energy.

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Saturday, March 18 2017

Russia's Nornickel says its fund buys palladium from central bank

A fund created by Norilsk Nickel (Nornickel) buys palladium from Russia's central bank reserves to help meet demand from its customers, the world's largest producer of the metal said on Thursday.

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Wednesday, December 7 2016

Palladium Market Is Expected to Witness Highest Growth During 2015 to 2021

The global market for palladium is likely to experience significant growth with declining demand for metals and increasing demand for recycling metals, leading to palladium demand outstripping the supply.

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Tuesday, November 15 2016

Platinum market may see first surplus in six years in 2017

The platinum market could return to surplus for the first time in six years in 2017 as lower autocatalyst loadings and weakness in Chinese jewelry buying pull demand lower, refiner Johnson Matthey said in a report on Monday.

Mine supply is expected to be flat next year, but supply of recycled metal from autocatalysts has the potential to rebound, it said.

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Friday, October 14 2016

Platinum In Bear Market as Rates, Electric Cars Dent Outlook

Platinum is trading in a bear market amid prospects for higher U.S. interest rates and speculation that demand will slip for the metal used in auto pollution-control devices.

Investors have soured on platinum, used in catalytic converters that help limit pollution from diesel vehicles, as automakers introduce more electric cars and diesel loses popularity in the wake of Volkswagen AG’s emissions-cheating scandal. A strengthening dollar and the outlook for higher U.S. rates have hurt demand for precious metals as stores of value.

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Saturday, October 1 2016

Investors shy away from platinum as concern over inventories persists

Investors bruised by platinum's dismal failure to capitalize on a five-month strike in 2014 are not convinced that stocks of the metal have shrunk enough to justify a return to the market, despite positive supply-side news this year.

Uncertainty over how abundant these stocks are is continuing to curb investment interest in the metal, with holdings of platinum-backed exchange-traded funds (ETFs) falling to their lowest since mid 2013 this month.

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Saturday, September 17 2016

Platinum Market Peters Out in Longest Losing Streak in 3 Years

Investors are losing interest as the popularity of electric cars, which use less platinum and palladium than gasoline-fueled vehicles, threatens demand for the metals used in auto pollution-control devices, according to John Meyer, an analyst at SP Angel Corporate Finance LLP. The strengthening dollar also weighed on prices.

“Demand is in question,” James Cordier, the founder of Optionsellers.com in Tampa, Florida, said in a telephone interview. “The dollar has been a weight on gold and precious metals, and without any industrial demand for platinum, that’s double trouble.”

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Monday, August 29 2016

Structural supply deficit coming in platinum

Northam Platinum’s CEO, Paul Dunne, is convinced the world will begin to see the nature of the structural deficit looming in platinum as a result of diminishing primary supply from southern Africa, a situation that will present itself with rapidly adjusting prices.

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Thursday, July 28 2016

Platinum Takes Limelight From Gold With Best Month in Four Years

A surprise rally in gold and silver caught the eyes of investors in the first half of the year. Now, platinum and palladium are shining brighter.

Platinum is up 11 percent in July, putting prices on track for the best month since 2012. Palladium is even better, jumping 17 percent, the most since 2008. By comparison, gold added less than 2 percent in July as it lost momentum after gains in the first half.

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Wednesday, June 15 2016

Platinum - This Precious Metal Just Hit A Multi-Decade Extreme

This year platinum traded at its deepest discount to gold since 1982. The platinum:gold ratio currently comes in at 0.8:1, meaning an ounce of platinum sells for 80% of what an ounce of gold commands.

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Thursday, June 2 2016

Platinum, Palladium Sag After U.S. Car Sales, China Factory Data

Palladium fell and platinum posted its sixth loss in seven sessions as a drop in U.S. vehicle sales and sluggish Chinese manufacturing added to demand concerns on the metals, used in auto pollution-control devices.

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Tuesday, May 17 2016

LPPM - The London Platinum and Palladium Market

To coincide with London Platinum Week, this article looks at the relatively low-key organisation known as the London Platinum and Palladium Market (LPPM), and associated entities such as the London Platinum and Palladium Fixing Company (LPPFC), as well as the more recent platinum and palladium fixings, which are now administered by the London Metal Exchange (LME) on behalf of the London Bullion Market Association (LBMA).

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Top Palladium Miner Rebuffs Risk of Tesla Electric Car Boom

The rise of Tesla Motors Inc.’s electric cars won’t be enough to change the market for conventional vehicles or dent demand for the precious metals used to filter exhaust fumes, according to GMK Norilsk Nickel PJSC.

The lack of infrastructure to charge them and the pressure on power grids means that in the long term, the vehicles may comprise just 15 percent of the total auto market,

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Palladium and platinum to fall short of highs this year

Prices of precious metals platinum and palladium are likely to peak this year, as the market lacks the support that gold draws from investors, a survey said on Monday at the start of London’s annual platinum week.

Both metals, which are used in auto catalysts as well as in jewellery, are likely to fall short of their 2014 highs, according to Metals Focus, a leading metals consultancy.

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Monday, May 16 2016

Platinum Group Metals Survey 2016

Platinum Group Metals Survey 2016

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Tuesday, September 8 2015

Platinum fundamentals still look positive

The World Platinum Investment Council (WPIC) has announced the publication of its fourth Platinum Quarterly – an independently-researched, freely-available, quarterly analysis of the global platinum market. The report incorporates analysis of platinum supply and demand during the second quarter of 2015.

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Sunday, August 30 2015

South Africa mine industry job plan targets platinum as central bank reserve asset

South Africa's mining industry, unions and the government have committed to a broad plan to stem job losses, including boosting platinum by promoting the metal as a central bank reserve asset, according to a draft agreement seen by Reuters on Wednesday.

The draft agreement lays out 10 wide interventions including getting the BRICS group of emerging nations to hold "platinum as a reserve asset" - like gold - in their central banks. Brazil, Russia, India, China and South Africa comprise the BRICS.

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Wednesday, August 19 2015

Platinum ETFs see surge in cash

At a time when investors are bailing on most commodities, money is steadily flowing to platinum funds.

Exchange-traded products tracking the metal have seen assets rise to 88.6 metric tons, near a one-year high and about 1% from a record, data compiled by Bloomberg show. Funds in South Africa, where most of the world’s platinum is mined, saw the biggest increase in assets.

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Friday, August 14 2015

South African Platinum Industry: Where has it all gone wrong?

While the platinum miners have indeed talked about cutbacks and closures, they have so far fallen short of implementing them due largely to union and government opposition. But Lonmin, as the weakest link in the chain, does look as though it will be the first to move to cut output.

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Tuesday, May 19 2015

LPPM WEEK – Russian government holding 3moz of platinum, 6.5moz palladium

Christian said that CPM Group estimates that at the end of 2014, there were 12 million ounces of refined platinum in above ground stocks.

He also estimates that there are around 25 to 26 million ounces of refined palladium in above ground inventories.

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