Platinum Group Metals Ltd. PLG Archives - Page 2 of 4

ThursdayFeb 06, 2025 2:40 pm

QualityStocksNewsBreaks – Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) Leveraging Flagship Project, Partnerships Amid Growing Demand for PGMs

Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) is uniquely positioned as platinum group metals (“PGMs”), including platinum, palladium and rhodium are poised for growth in 2025, driven by demand in the automotive, hydrogen-energy and industrial sectors. “The company’s flagship Waterberg Project in South Africa is a large-scale resource designed to supply palladium, platinum, rhodium and gold as well as copper and nickel for the global markets,” reads a recent article. “The company is focused on advancing its Waterberg Project, which is expected to be a key low cost supplier of palladium and platinum. The project emphasizes sustainability and cost-efficiency,…

TuesdayFeb 04, 2025 10:45 am

Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) Working to Capitalize on 2024 Trends

Platinum and palladium have experienced continued demand growth in 2024. This year has been marked by high levels of industrial and investment activity, with significant milestones achieved in a variety of sectors. Platinum Group Metals (NYSE American: PLG) (TSX : PTM) has made significant strides in 2024, particularly through its Waterberg Project in South Africa. This year has been important for platinum and palladium as well as for companies in the industry, such as Platinum Group Metals (NYSE American: PLG) (TSX: PTM). PGMs, which include platinum, palladium and rhodium, have experienced robust demand and growth in 2024. These metals are…

FridayJan 31, 2025 3:08 pm

QualityStocksNewsBreaks – Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) Joins Forces to Fuel Saudi Vision 2030

Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) was featured in a recent article that discussed its positioning amid Saudia Arabia’s ambition to establish itself as a global hub for mining, tapping into mineral wealth valued at more than $1.3 trillion. “Saudi Arabia is accelerating its efforts to diversify its economy, recently announcing more than $9 billion in new mining and metals agreements. Outlined during the 28th World Investment Conference in Riyadh, these deals are pivotal to the kingdom’s Vision 2030 initiative, aimed at reducing its dependence on oil and fostering growth in other industries,” the article reads. “One of…

MondayJan 27, 2025 11:15 am

Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) Rising to Supply the Demand for PGMs

The rise of hybrid electric vehicles and advancements in hydrogen technologies are creating opportunities for platinum and palladium. Platinum Group Metals Ltd. is uniquely positioned to benefit from favorable market trends. The company is focused on advancing its Waterberg Project, which is expected to be a key supplier of platinum and palladium. The platinum group metals (“PGMs”), including platinum, palladium and rhodium are poised for growth in 2025, driven by demand in the automotive, hydrogen-energy and industrial sectors. These positive projections bode well for companies operating in the space, including Platinum Group Metals (NYSE American: PLG) (TSX: PTM), majority owner…

TuesdayJan 21, 2025 8:45 am

Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) Collaboration Part of Saudi Vision 2030 Initiative

Agreement focused on studying the development of smelting and refining capabilities to advance Saudi Arabia’s position in the global metals and mining landscape. The Vision 2030 initiative to support industries worldwide by strengthening critical supply chains for metals and minerals. The memorandum of understanding with the Ministry of Investment of Saudi Arabia aligns with initiatives already underway between Ajlan & Bros. Mining and Platinum Group. Saudi Arabia is accelerating its efforts to diversify its economy, recently announcing more than $9 billion in new mining and metals agreements (https://ibn.fm/DsnYw). Outlined during the 28th World Investment Conference in Riyadh, these deals are…

WednesdayJan 15, 2025 8:00 am

QualityStocksNewsBreaks – Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) Reports Financial Results and Waterberg Project Progress

Platinum Group Metals (NYSE American: PLG) (TSX: PTM) announced financial results for the three months ended Nov. 30, 2024, and provided updates on its Waterberg Project in South Africa. The mechanized, shallow mine is designed to produce platinum, palladium, rhodium, and gold ("PGMs") alongside copper and nickel by-products, aiming to be among the world's largest and most cost-effective underground PGM operations. Near-term objectives include advancing to a development decision, securing construction financing, and finalizing concentrate offtake agreements. Additionally, the company continues collaborating with Anglo American Platinum and Florida International University through Lion Battery Technologies Inc. to integrate platinum and palladium…

MondayDec 09, 2024 2:29 pm

QualityStocksNewsBreaks – Platinum Group Metals Ltd.’s (NYSE American: PLG) (TSX: PTM) Waterberg Project Poised for Robust Output Amid Increased Demand

Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) is emerging as a noteworthy player in the sector as interest in platinum continues to rise. “The company operates the Waterberg PGM Project, a large palladium and platinum deposit located in South Africa. Recently, Platinum Group Metals announced and filed with securities regulators an updated Independent Definitive Feasibility Study (‘2024 DFS’) for the Waterberg Project, which underscores its potential to meet the growing demand for these metals,” reads a recent article. “The 2024 DFS detailed several encouraging developments. First, the company reported a 20% increase in its proven and probable mineral…

WednesdayNov 27, 2024 8:00 am

QualityStocksNewsBreaks – Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) Advances Plans for Saudi-Based PGM Smelter and Refinery

Platinum Group Metals (NYSE American: PLG) (TSX: PTM) has signed a memorandum of understanding (MOU) with Ajlan & Bros Company for Mining and Saudi Arabia's Ministry of Investment (MISA) to explore the development of a platinum group metals smelter (“PGM Smelter”) and base metal refinery (“BMR”) in Saudi Arabia. The initiative supports Saudi Arabia’s Vision 2030 by fostering the mining and minerals sector as a key economic pillar. Building on a 2023 Cooperation Agreement with Ajlan, the project includes a global PGM concentrate market study, a feasibility study, and potential for a 50:50 joint venture. The project aims to process…

WednesdayNov 20, 2024 9:15 am

QualityStocksNewsBreaks – Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) Featured in Editorial Highlighting Growing Demand for Critical Metals

Platinum Group Metals (NYSE American: PLG) (TSX: PTM) has been featured in a NetworkNewsWire (“NNW”) editorial, underscoring the rising investment opportunities in the mining sector fueled by increasing demand for critical and traditional metals. As clean-energy technologies drive the need for lithium, cobalt, nickel, and rare earth elements, traditional metals like copper and aluminum are also gaining renewed attention for their role in infrastructure and energy transmission. Amid economic uncertainties, gold and silver remain valuable investments, while platinum group metals (“PGMs”) are gaining prominence due to their unique industrial applications, particularly in automotive pollution control. With potential supply constraints and…

FridayNov 15, 2024 2:30 pm

QualityStocksNewsBreaks – Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) Marks Pivotal Step to Enhance Operational Capabilities, Secure Offtake Agreement

Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM), the operator and majority owner of the Waterberg Project, recently announced an important collaboration with Ajlan & Bros Mining and Metals Co. to explore establishing a standalone platinum group metals (“PGM”) smelter and base metals refinery (“BMR”) in Saudi Arabia. “This agreement, structured into three distinct phases, marks a pivotal step in the company’s strategy to enhance its operational capabilities and secure a stable offtake agreement for its Waterberg Project concentrate,” reads a recent article. “The largest impediment to the development of the Waterberg Project to date has been the need…

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