Defense Sector Emerges as Key Driver for Platinum and Palladium Demand

Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) is focusing on strategic opportunities as the defense sector emerges as a significant driver of platinum and palladium demand. The company's development of the world-class platinum group metal Waterberg deposit in South Africa positions it to supply these critical metals for defense and industrial applications. Platinum and palladium are becoming increasingly important to modern defense technology, with applications ranging from hydrogen fuel cells in armored vehicles to high-performance electronics in advanced aircraft systems.

The defense sector is emerging as a driver of platinum and palladium demand according to industry analysis available at https://ibn.fm/FPiVV. Platinum plays a critical role in hydrogen fuel cell technology, particularly proton exchange membrane fuel cells that are increasingly used in defense applications such as unmanned aerial vehicles and other military systems. Militaries worldwide are turning to these critical metals to power the next generation of strategic systems, creating new market opportunities for platinum group metal producers.

Platinum Group Metals is well positioned to benefit from this trend through its advancement of the high-quality Waterberg Project, which promises a reliable supply of platinum, palladium and associated metals. The project's development comes at a time when defense applications are creating additional demand streams beyond traditional industrial and automotive uses. The company's strategic focus on this emerging market segment reflects the growing importance of platinum group metals in national security and defense technology infrastructure.

The increasing military adoption of hydrogen fuel cell technology represents a significant shift in defense procurement strategies. Platinum-based fuel cells offer advantages for defense applications including silent operation, reduced thermal signatures, and extended mission durations compared to conventional power sources. These characteristics make them particularly valuable for surveillance, reconnaissance, and special operations where stealth and endurance are critical operational requirements.

For investors and industry observers, the latest news and updates relating to PLG are available in the company's newsroom at https://ibn.fm/PLG. The convergence of defense technology needs with platinum group metal applications creates a compelling growth narrative for companies like Platinum Group Metals Ltd. that control significant resources and production capabilities. This trend underscores the strategic importance of secure supply chains for critical minerals used in advanced defense systems.