Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) Positions Itself in Key PGM Space

  • Platinum group metals (“PGMs”) are a special selection of six critical metals—platinum, palladium, rhodium, osmium, iridium and ruthenium—that are essential for a sustainable future
  • Most PGMs are being mined from a single area in South Africa
  • The Waterberg Project, operated by Platinum Group Metals, is projected to be one of the largest and lowest-cost PGM mines globally

Platinum Group Metals (NYSE American: PLG) (TSX: PTM), a company that operates the Waterberg PGM Project in South Africa, is strengthening its foothold in a niche sector of mining: platinum group metals (“PGMs”). The company’s primary business objective is to advance the Waterberg Project to a development and construction decision.

“Platinum group metals, or PGMs, are a very special selection of six metals [platinum, palladium, rhodium, iridium, osmium and ruthenium] that we find in the periodic table,” reported Sarah Gordon, cofounder of Critical Productions, a company that believes raw materials are essential for a sustainable…

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