PGMs outlook soured by metals recycling and rise of electric vehicles

The move towards low-carbon technologies in the energy sector brings new opportunities and risk for platinum group metals , but for metals such as rhodium and palladium the energy transition holds downside risks that will have to be mitigated through the development of new demand sectors.

Henk de Hoop, CEO of the research and consulting firm SFA-Oxford, said demand pressure on all commodities would persist throughout 2023 due to weak economic growth...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.

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