The race to net-zero emissions and its implications for PGMs

Live webinar broadcast 28 May | recording available

Scarce, precious, and in demand: The compelling case for white metals

Governments across the globe have made commitments to reduce carbon emissions, slowing the trajectory of global warming and the risks it poses. The decarbonisation process will have a significant impact on commodities, creating potential winners and losers. The outcome for Platinum Group Metals (PGMs), however, is less easily defined. In the near-term legislation to reduce car emissions has fueled demand for PGM metals driving the basket price to all-time highs. On the other hand, the same trend is leading to an accelerated adoption of battery electric vehicles (BEVs) posing potential terminal risks to autocatalytic demand.

At a webinar hosted on Friday, 28 May, we were joined by Nico Muller, CEO of Impala Platinum; Steve Phiri, CEO of Royal Bafokeng Platinum; and Bernhard Fuchs, Senior Vice President at Umicore, in discussion with Unathi Loos, Portfolio Manager. Their discussion covered both the near-term and mid-term fundamental market dynamics for PGMs, the long-term opportunities and risks facing the metals and what possible pathways exist for PGMs to play an integral role in the evolution towards a green global economy.

We thank you for your support and trust you find the content insightful. Please do let us know if you have any questions.

Kind regards,
Natalie Phillips
Deputy Managing Director, Africa Client Group

Overview

Scarce, precious, and in demand: The compelling case for white metals

Governments across the globe have made commitments to reduce carbon emissions, slowing the trajectory of global warming and the risks it poses. The decarbonisation process will have a significant impact on commodities, creating potential winners and losers. The outcome for Platinum Group Metals (PGMs), however, is less easily defined. In the near-term legislation to reduce car emissions has fueled demand for PGM metals driving the basket price to all-time highs. On the other hand, the same trend is leading to an accelerated adoption of battery electric vehicles (BEVs) posing potential terminal risks to autocatalytic demand.

At a webinar hosted on Friday, 28 May, we were joined by Nico Muller, CEO of Impala Platinum; Steve Phiri, CEO of Royal Bafokeng Platinum; and Bernhard Fuchs, Senior Vice President at Umicore, in discussion with Unathi Loos, Portfolio Manager. Their discussion covered both the near-term and mid-term fundamental market dynamics for PGMs, the long-term opportunities and risks facing the metals and what possible pathways exist for PGMs to play an integral role in the evolution towards a green global economy.

We thank you for your support and trust you find the content insightful. Please do let us know if you have any questions.

Kind regards,
Natalie Phillips
Deputy Managing Director, Africa Client Group

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