Platinum Group Metals Ltd. Advances Waterberg Project Amid Platinum Market Deficit

Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) is making strides with its Waterberg project in South Africa, aiming to contribute to the global platinum supply amidst a significant market deficit. The project, located on the Northern Limb of the Bushveld Complex, is designed as a fully mechanized, underground mine targeting platinum, palladium, rhodium, and gold, with copper and nickel byproducts. This development comes at a time when the platinum market is experiencing a tightening supply-demand balance, leading to a sharp rally in prices. The Waterberg project's advancement towards development and construction is a strategic move to address the growing need for platinum group metals. For more details on the project and its implications for the platinum market, visit https://ibn.fm/ZJKcB.