Platinum
Commercialisation of hydrogen fuel cell trucks in China has revived optimism in the platinum industry. Northam Platinum CEO Paul Dunne highlighted a Chinese company's fleet of over 20,000 trucks, each using 100 grams of platinum. The development was discussed at a recent PGM conference in Johannesburg.
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Peace has returned to the eastern section of South Africa's platinum belt in Mpumalanga and Limpopo, thanks to a multipronged strategy of policing, community engagement, and joint development projects. This stability has eliminated production losses at mines like Northam Platinum's Booysendal for three years and boosted investment confidence. The approach serves as a model for other mining regions amid rising platinum group metals prices.