Platinum Group Metals Ltd. Positioned to Address Projected Global Platinum Supply Deficit

The global platinum market faces projected deficits for multiple years according to the World Platinum Investment Council, creating significant implications for automotive, industrial and clean energy sectors. Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) is positioning its Waterberg Project in South Africa to potentially enter this supply-constrained market at a critical time. The WPIC indicates annual shortfalls averaging approximately 8% of total yearly demand, highlighting structural challenges in platinum supply chains.

Research from multiple sources suggests the world is entering a period of prolonged platinum scarcity with far-reaching consequences. The timing appears significant for Platinum Group Metals as deficits deepen across global markets. The company's Waterberg Project represents a large-scale development that could help address what analysts describe as a structural platinum shortage affecting multiple industries.

According to the World Platinum Investment Council, the global platinum market is projected to remain in deficit for multiple years, with detailed analysis available through their research portal at https://ibn.fm/v5VIv. Sprott Asset Management has highlighted that current above-ground inventories may not be sufficient to bridge the growing gap between supply and demand. This supply constraint comes at a time when platinum demand is increasing across various applications, particularly in clean energy technologies and automotive catalysts.

The automotive sector represents a major consumer of platinum, particularly for catalytic converters in diesel vehicles and increasingly in fuel cell electric vehicles. Industrial applications including glass manufacturing, chemical processing and medical devices also rely heavily on platinum's unique properties. The clean energy transition is creating additional demand pressure as platinum plays a crucial role in hydrogen fuel cells and other green technologies.

Platinum Group Metals Ltd. continues to advance development of its Waterberg Project, which could potentially contribute to global platinum supply during this period of market tightness. The project's progress and corporate developments are documented in the company's newsroom available at https://ibn.fm/PLG. Market analysts suggest that projects like Waterberg could become increasingly valuable as platinum deficits persist and prices respond to fundamental supply-demand imbalances.

The projected multi-year deficits in platinum markets underscore the importance of new production capacity coming online. With the World Platinum Investment Council forecasting sustained shortfalls, companies with advanced development projects may be well-positioned to benefit from tightening market conditions. The structural nature of the platinum shortage suggests these market dynamics could persist beyond short-term fluctuations, creating long-term implications for global industries dependent on this critical metal.