Platinum deficit in 2024 to be deeper than expected – WPIC Platinum demand surged 25% in 2023, seen down 6% in 2024. Reuters | March 6, 2024 | 7:43 am
Sibanye falls to $2 billion loss, weighs capital raise if metal prices worsen CEO Neal Froneman said Sibanye may consider a capital raise if the lower metal prices persist for longer. Reuters | March 5, 2024 | 7:21 am
Magnesium may offer best solution for storing hydrogen Using computational science, researchers have developed a fluorine-substituted high-voltage stable chloride-based solid-state electrolyte. Staff Writer | March 4, 2024 | 6:06 am
Northam CEO says South African platinum miners facing worst crisis in decades Platinum prices fell due to weaker growth in China and destocking by manufacturers post-Russia-Ukraine invasion. Reuters | March 1, 2024 | 7:48 am
Impala Platinum considers mine closures after profit slump Decisions to mothball loss-making operations could be made within the next six months. Reuters | February 29, 2024 | 7:00 am
Legacy uses AI to discover platinum in Australia Proponents predict AI will be indispensable to help the industry ramp up the supply of battery metals for the global energy transition to fight climate change. Colin McClelland | February 26, 2024 | 8:14 am
Sibanye-Stillwater to cut 2,600 jobs in South Africa The miner kicked off in October a restructuring process at its four loss-making mines that was expected to result in the loss of 4,095 jobs. Cecilia Jamasmie | February 23, 2024 | 5:26 am
Anglo American to review assets after writedowns and profit plunge The miner has announced a $1.6 billion impairment charge on its De Beers diamond business owing to faltering demand. Reuters | February 22, 2024 | 9:51 am
TIMELINE: Anglo American’s efforts to tackle weak commodity prices Anglo American said it will review its assets after a 94% plunge in annual profit. Reuters | February 22, 2024 | 6:49 am
