Platinum Group Metals Advances Waterberg Project to Meet Critical Minerals Demand

Platinum Group Metals Ltd. is preparing to become a significant player in the platinum group metals (PGMs) sector by developing its Waterberg Project in South Africa's Bushveld Complex. The project represents a strategic opportunity to supply critical metals needed for next-generation technologies and industrial processes.

The Waterberg Project is a large-scale, low-cost deposit focusing on palladium, platinum, rhodium, gold, and byproduct metals like copper and nickel. These PGMs are crucial components in catalytic converters, fuel cells, industrial catalysts, electronics, and medical technologies.

With global efforts intensifying to reduce carbon emissions, the demand for PGMs is expected to increase significantly. The project's bulk-mineable deposit offers a substantial resource base that can help meet this growing international requirement for critical minerals.

Developed jointly with partners Implats, Mnombo, and HJM, the Waterberg Project is positioned to create a high-margin operation that can support emerging sustainable technologies. By providing a reliable source of PGMs, Platinum Group Metals can play a pivotal role in supporting technological innovation and environmental transition efforts.