- One industry expert projects that the price of palladium could double within the next decade.
- The projected increase in palladium prices bodes well for PLG.
- To further strengthen its strategic position, PLG has been exploring opportunities to enhance its processing capabilities.
The palladium market may be poised for a transformation over the next decade, with one industry analyst forecasting a price increase. The anticipated higher price would present a promising opportunity for companies deeply invested in palladium, such as Platinum Group Metals (NYSE American: PLG) (TSX: PTM). As an emerging player in the palladium sector, Platinum Group Metals stands to benefit from favorable market dynamics, potentially enhancing its strategic positioning.
In a recent analysis, Gaius King, a seasoned industry expert, projected that the price of palladium could double within the next 10 years (https://ibn.fm/VrkbT). King attributes this optimistic forecast to several critical factors influencing both supply and demand dynamics. He emphasizes the persistent…
NOTE TO INVESTORS: The latest news and updates relating to PLG are available in the company’s newsroom at https://ibn.fm/PLG
1 345.03 million tonnes at an average grade of 3.04 4E g/t, and 0.09% Cu and 0.18% Ni.
2 89.70 million tonnes at an average grade of 2.96 4E g/t, and 0.08% Cu, and 0.15% Ni.
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