Platinum Group Metals Positions Waterberg Project for Decades-Long Production Amid Platinum Market Shift

Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) is positioning itself in a changing market where platinum may be undervalued relative to its long-term industrial and supply fundamentals. While gold often dominates precious metals headlines, platinum's quiet resilience and growing industrial importance suggest it may be overdue for market reappraisal, with Platinum Group Metals potentially among the companies best positioned to benefit from this shift.

The company's strategic focus centers on its flagship Waterberg Project located in South Africa's Bushveld Igneous Complex, one of the world's richest platinum group metals (PGM) regions. This bulk underground platinum-palladium deposit is projected to produce for decades, with the company holding a 50.29% beneficial interest in the project. According to a September 2024 Feasibility Study, Waterberg hosts proven and probable reserves of 23.41 million ounces of PGMs and gold, contained within 246 million tonnes at a grade of 2.96 grams per tonne of combined platinum, palladium, rhodium and gold.

The project's projected production life of 54 years represents a significant long-term asset in the PGM sector. This extended timeline provides operational stability and positions the company to potentially benefit from any revival in platinum demand, not just as a precious metal but increasingly as a critical industrial input. The company's access to this resource-rich region through the Waterberg Project represents a strategic advantage in securing future supply.

For investors seeking additional information, the company maintains a newsroom at https://ibn.fm/PLG where updates relating to PLG are available. The broader context of this announcement can be viewed in the full article at https://ibn.fm/CW37m.

The importance of this development extends beyond the company's immediate prospects to broader market implications. As industrial applications for platinum continue to expand, particularly in hydrogen technologies and automotive catalysts, secure long-term supply becomes increasingly valuable. Platinum Group Metals' positioning with the Waterberg Project addresses this need while potentially benefiting from any market correction that recognizes platinum's fundamental value relative to other precious metals.

This strategic positioning comes at a time when supply constraints and growing industrial demand could create favorable conditions for platinum producers with substantial, long-life assets. The Waterberg Project's scale and duration provide Platinum Group Metals with operational flexibility and the potential to capitalize on market shifts over multiple decades, making it a significant development in the global PGM landscape with implications for supply security and market dynamics.