New Report Says Platinum Demand Will Outstrip Supply in 2026
A new report by Johnson Matthey, a group focusing on sustainable technologies, indicates that the demand for platinum is again going to exceed the available supply in 2026. This is largely due to constrained mine production amid robust demand among industrial users of the metal. In contrast, PGMs like rhodium and palladium are set to record a marginal surplus in 2026. The report indicates that PGMs like palladium, rhodium, and platinum that are used as autocatalysts have been registering deficits due to reduced supply by the leading producers. The authors of the report point out that recycling in the autocatalyst…