Platinum Group Metals Ltd. is positioned in a changing market where platinum may be undervalued relative to its long-term industrial and supply fundamentals. While gold may dominate today's headlines, platinum's quiet resilience and growing industrial importance suggest it may be overdue for a reappraisal, and Platinum Group Metals Ltd could be among the companies best placed to harness that shift. The company's flagship Waterberg Project in South Africa's Bushveld Igneous Complex is a bulk underground platinum-palladium deposit projected to produce for decades. The company holds a 50.29% beneficial interest in Waterberg, a project described in a September 2024 Feasibility Study as hosting proven and probable reserves of 23.41 million ounces of PGMs and gold with a projected production life of 54 years.
By securing access to one of the world's richest PGM regions, the company is positioning itself for a potential revival of platinum demand, not just as a precious metal but as a critical industrial input. The Waterberg Project was discovered by Platinum Group and is being jointly developed with Implats, Mnombo and HJM. For more information about the company, visit www.PlatinumGroupMetals.net. The latest news and updates relating to PLG are available in the company's newsroom at https://ibn.fm/PLG. This strategic positioning comes at a time when industrial applications for platinum are expanding beyond traditional uses.
The metal's properties make it essential in various technologies, including fuel cells, medical devices, and electronics. With a 54-year production horizon, the Waterberg Project represents one of the longest-term mining operations in the platinum sector, providing stability in an industry often characterized by shorter mine lives and fluctuating commodity prices. The project's location in the Bushveld Igneous Complex, which contains approximately 80% of the world's known platinum-group metal resources, gives Platinum Group Metals access to some of the richest deposits on earth. This geographical advantage, combined with the project's substantial reserves, positions the company to potentially benefit from any sustained increase in platinum demand driven by industrial growth and technological advancements.
