Indicative prices
GOLDUS$ 2,312.40+2.4%
PGMsUS$ 1,178.60+1.1%
MANGANESEUS$ 4.82/dmtu+3.7%
CHROME OREUS$ 312/t+0.8%
COPPERUS$ 9,460/t+1.9%
COBALTUS$ 28,420/t-0.6%
GOLDUS$ 2,312.40+2.4%
PGMsUS$ 1,178.60+1.1%
MANGANESEUS$ 4.82/dmtu+3.7%
CHROME OREUS$ 312/t+0.8%
COPPERUS$ 9,460/t+1.9%
COBALTUS$ 28,420/t-0.6%
PGMs & Refining-12 December 2024-8 min read

Why platinum hub builds take longer than the project headlines suggest

The challenge is not demand alone; it is engineering complexity, permitting time and the downstream economics of refining.

VM
Victor MkhaliphiMetallurgical Engineer
About this analysis

Author & research basis

Victor Mkhaliphi is a metallurgical engineer and minerals-sector analyst with experience spanning pyrometallurgy, hydrometallurgy, mineral beneficiation economics and African industrial strategy.

Sources: Based on current project announcements, refining economics, and policy timing assumptions.

Last updated: 12 December 2024

Why platinum hub builds take longer than the project headlines suggest

Platinum-group-metal downstream projects frequently appear faster to build than they are in practice.

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