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Demanded raw materials: platinum, palladium, lithium

One shouldn’t forget platinum and palladium. They are coveted precious metals with upward price potential, as is lithium.

If you believe the latest report from the World Platinum Investment Coucil, then the best days for platinum are yet to come. Stricter emissions standards, such as in China, will lead to increasing demand. Because the catalysts need platinum. The needs of the electrical, chemical and medical industries should be robust. From a technical point of view, too, the dynamic outbreak points to an upcoming larger upward wave.

South Africa is still the largest platinum producer. Here, for example Sibanye-Stillwater – https://www.rohstoff-tv.com/play/newsflash-mit-isoenergy-sibanye-stillwater-skeena-resources-und-auryn-resources/ – real estate, also in the USA. The operational and financial performance in the first quarter was very good as the Marikana project was added to the platinum and palladium projects.

Many experts forecast a deficit for both precious metals in the current year, similar to 2019. Other important raw materials for the car market, especially for electric mobility, are the battery raw materials. Deficits in cobalt, nickel, vanadium and lithium are expected here as early as next year.

For lithium alone, analysts expect demand to grow by around 21 percent annually. And while lithium still cost $ 2,000 a ton in 2004, it is currently about $ 6,000. But supplies of lithium are in sight. For example from Millennial lithium – https://www.rohstoff-tv.com/play/research-news-mit-millennial-lithium-corvus-gold-und-mag-silver/ -. The company owns more than 20,000 hectares of land on two projects in the lithium triangle in Argentina. The company’s advanced project is the Pastos Grandes Lithium project in the Argentine province of Salta.

Current company information and press releases from Sibanye-Stillwater (- https://www.resource-capital.ch/de/unternehmen/sibanye-stillwater-ltd/ -) and Millennial Lithium (- https://www.resource-capital.ch/de/unternehmen/millennial-lithium-corp/ -).

In accordance with section 34 of the WpHG, I would like to point out that partners, authors and employees can hold shares in the companies in question and that there is therefore a potential conflict of interest. No guarantee for the translation into German. Only the English version of this news applies.

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