FAQ on Platinum Group Metals Ltd. and the Platinum Market Deficit

What is the current state of the platinum market?

The platinum market is experiencing a significant deficit, with a shortfall of approximately 992,000 ounces in 2024, and is forecasted to remain in substantial undersupply through 2025.

Why is the platinum market deficit significant?

The deficit is significant because it has led to a sharp rally in platinum prices, creating both pressure and opportunities for mining companies like Platinum Group Metals Ltd. to address the undersupply.

How is Platinum Group Metals Ltd. responding to the platinum deficit?

Platinum Group Metals Ltd. is focusing on its flagship Waterberg project in South Africa to unlock new platinum supply and exploring innovative industrial applications for platinum and palladium.

Where is the Waterberg project located?

The Waterberg project is located in South Africa.

Who forecasts the platinum market deficits?

The World Platinum Investment Council forecasts the platinum market deficits, estimating a deficit of 966,000 ounces for 2025.

What are the implications of the platinum market deficit for investors?

The deficit implies potential investment opportunities in companies like Platinum Group Metals Ltd. that are working to increase platinum supply, amidst rising prices due to the undersupply.

How can I get more information about Platinum Group Metals Ltd.?

More information about Platinum Group Metals Ltd. is available in the company’s newsroom at https://ibn.fm/PLG.

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