Industry News

Palladium To Hit $2,000 In 2019 - Bank of America

19 February 2019 - Renewed strength in the U.S. dollar, trading near a three-week high, is weighing on the entire precious metals market but that won’t be enough to stop the long-term uptrend in palladium, one bank says.

Palladium smashes $1,500 as shortages to aid Nornickel, Amplats

19 February 2019 - Palladium surged above $1,500 an ounce to a record, extending a powerful rally that’s been driven by an acute shortage of supply as car manufacturers scramble to get hold of the material to meet stringent emissions controls.

Albemarle bullish on lithium outlook after fourth-quarter profit

21 February 2019 - Albemarle Corp, the world’s largest lithium producer, posted a higher-than-expected quarterly profit on Wednesday and gave a bullish 2019 outlook, saying it sees nothing that could slow demand for the white metal used to make electric car batteries.

PRECIOUS-Palladium soars to record high on supply deficit; gold gains

17 February 2019 - Spot palladium rose to a peak of $1,458 per ounce, its highest on record, and was up 1.5 percent at $1,454 per ounce as of 1305 GMT.

Palladium supply shortfall will worsen this year – Johnson Matthey

11 February 2019 - A deficit in the palladium market that has driven prices of the autocatalyst metal to record highs will widen dramatically this year, specialist materials company Johnson Matthey said in a report on Wednesday.

Will Metals King Palladium Fire Off Platinum Rally Too?

11 February 2019 - Both are substances critical to the auto industry and in short supply compared to most commodities. But one is also the world’s most valuable metal.

Cost parity by 'early 2020s' will be electric vehicle tipping point

11 February 2019 - A new report by McKinsey forecasts a rapid switch from gas guzzlers to electric vehicles on the world's roads will be boosted by the plummeting costs of owning a battery powered vehicle.

One Day, Platinum Will Shock The Market

11 February 2019 - The laggard for too long.

Oversold Lithium Could Be About To Rally

29 January 2019 - It’s been a decade of lows for commodities after posting 7 declines in 11 years, but we’ve seriously underestimated lithium. It’s back with a vengeance in 2019.

Here's Why The Price Of Palladium Just Zoomed Past Gold

14 January 2019 - From its 52-week low set in August, palladium has climbed almost 70 percent. It’s added about 16 percent in the past 30 trading days alone....

Palladium demand — and prices — will be driven by hybrid vehicle growth

28 December 2018 - Palladium, this year's hottest metal, is used mainly to cut pollution from gasoline engines. Yet anyone betting the rise of electrified vehicles will curb demand anytime soon is likely to be disappointed...

Palladium Outlook 2019: Prices Will Continue to Shine

27 December 2018 - The price of palladium has climbed almost 18 percent over the course of the year, pulling ahead its sister metal platinum and rivaling gold. The precious metal received a demand boost this year...

Year’s best major metal gains steam as supply eclipses trade woe

27 December 2018 - The U.S.-China trade war that’s ravaged most commodities failed to dent 2018’s best-performing major metal. Many analysts don’t see much standing in the way of further gains in 2019.

Gold Gets Leapfrogged as Palladium Extends Rally to Record Again

5 December 2018 - Gold just got left behind by one of its sister metals. After a demand-fueled rally over the past four months that’s seen prices hit successive records, palladium topped gold.

Numbers looking solid for River Valley project

20 September 2018 - New Age Metals' River Valley project could be a historic mine site, according to its developers, so long as investor confidence and the markets remain strong enough to see it become a reality.

Tesla Doesn't Burn Fuel, it Burns Cash

30 April 2018 - The company that Elon Musk built to usher in the electric-car future might not have enough cash to make it through the calendar year. The anxieties that lurk beneath the tremendous ambition of Tesla Inc moved into the...

Palladium Price Jumps 6 Percent on Russia Sanctions

11 April 2018 - Investors’ worries increased when Rusal (HKEX:0486) owner Oleg Deripaska was included on the sanctions blacklist. Rusal, the biggest aluminum producer outside of China, owns a 28-percent stake in Norilsk Nickel...

New Age Metals signs LOI with Alaskan geological consulting firm

5 April 2018 - New Age Metals Inc. said Wednesday it has signed a binding letter of intent with Avalon Development Corp. Under the LOI, Avalon will provide acquisition and geological services to New Age Metals in the state of Alaska.

BMW says electric car mass production not viable until 2020

22 March 2018 - BMW (BMWG.DE) will not mass produce electric cars until 2020 because its current technology is not profitable enough to scale up for volume production, the chief executive said on Thursday...

Leading Development Project in the FIRST Green Metals

8 March 2018 - The platinum group metals (PGM’s) fly under the radar of investors in the world of mining. The evidence is all around us. Like gold and silver, these are precious metals: 28% of platinum demand...

SQM talks down lithium oversupply, says market to grow 80% a year

1 March 2018 - Chile’s Chemical and Mining Society (SQM), one of the world's largest lithium producer, said global demand for the white metal, a key ingredient in the making of batteries that power electric vehicles...

A Sleeping Giant: Precious Potential For Platinum

26 February 2018 - Platinum has been a precious metal that lost its luster over recent years. In March 2008, the price of the rare metal that primarily comes from South Africa and Russia rose to its all-time peak price...

Platinum market set for another surplus in 2018-Johnson Matthey

14 February 2018 - The platinum market is set for another surplus this year after recording oversupply of 110,000 ounces in 2017, Johnson Matthey said in a report on Wednesday, although its sister metal palladium...

New Age aims to capitalize on lithium, PGM interest

7 February 2018 - New Age Metals Inc. is moving to capitalize on investor interest in both lithium and platinum group metals by proceeding with exploration and development programs in Ontario and Manitoba....

New Age options Manitoba projects to Azincourt

26 January 2018 - New Age Metals is probably best known for its River Valley project near Sudbury in northwestern Ontario, now the largest undeveloped platinum group metals (PGM) project in Canada...

Palladium flows from west to east to meet industry demand

22 January 2018 - Flows of palladium out of UK stocks to Hong Kong are picking up as demand from Asian industry grows, pointing to a tightening market that could keep record-high prices on the boil...

Palladium poised to break another record just days into New Year

4 January 2018 - (Bloomberg) —The year’s barely started and palladium markets are set to break another record. The spot price for the precious metal only needs to climb by another 1.6 percent in London trading to push past an all-time high...

Palladium Nears Record as Shortage Starts to Squeeze Carmakers

4 January 2018 - Palladium is within touching distance of a record high amid a looming shortage of the metal used to curb harmful emissions from gasoline-fueled vehicles. Metal for immediate delivery nudged 0.3 percent lower to $1,096.45 an ounce...

Ontario has ‘zero chance’ of making its 5% by 2020 electric vehicle target, analysts say

3 December 2017 - Ontario is envisioning a future in which millions of electric vehicles are on the roads, but analysts predict consumer uptake will remain far off the government target for 2020, despite tens of millions of dollars in subsidies....

VIDEO: 2018 Will Be a Strong Year for Platinum

21 November 2017 - World Platinum Investment Council CEO Paul Wilson speaks about how political upheaval in Zimbabwe is impacting the platinum marketplace...

Platinum Shortage on the Horizon

21 November 2017 - According to a quarterly report released by the World Platinum Investment Council, a resurgence in demand for platinum jewelry, increasing industrial demand...

From Oil to Ruthenium, Here's How Commodities Are Bouncing Back

1 November 2017 - Commodities are booming again. The Bloomberg Commodity Index is up more than 9 percent from its late-June lows, outpacing the S&P 500 Index's 6 percent advance...

LAWRIE WILLIAMS: Palladium premium over platinum to persist – Metals Focus

25 October 2017 - We are very pleased to note that analysts at Metals Focus seem to agree with us that palladium's supply/demand fundamentals should keep it at a premium over platinum...

Rick Rule Sees Potential Supply Shock Developing In Platinum Market

24 October 2017 - The platinum market has been sliding for a while. Like many metals, it posted some pretty lofty prices...

New Age Metals finds high grade

16 October 2017 - River Valley is Canada’s largest undeveloped primary PGM property...

Palladium Tops $1,000 as Hybrid Vehicle Growth Boost Precious Metal's Demand

16 October 2017 - Palladium topped $1,000 for the first time in more than 15 years Monday as prices for the precious metal used in gasoline and hybrid fuel car engines...

Palladium Tops $1,000 for First Time Since 2001

16 October 2017 - Palladium climbed above $1,000 an ounce for the first time since 2001 on hopes for rising demand from the car industry amid a shortage of supply...

Palladium: the Year’s Top Performer So Far

4 October 2017 - The first half of the year saw a distinctly mixed performance being recorded within the commodities complex—a disappointing outcome when compared...

Jeffrey Christian on Platinum-Palladium Price Reversal

3 October 2017 - Going forward, a real deficit should be expected to open. Rising auto demand is a major factor there. So the first trend is tighter market balances...

Lithium from the Canadian Shield

Summer 2017 - Lithium mining is a Canadian growth industry, with Canadian Hard Rock deposits offering some distinct advantages for high-tech Lithium markets...

The smartphone parts at risk of running out: Study listing 'endangered' metals reveals why we need to recycle mobiles

An average smartphone contains 41 different elements - and last year alone 1.2 billion of the handsets were sold globally. This is causing an imbalance between the supply of metals...

Our Most Precious Of Precious Metals

26 July 2017 - All our portfolios are highly diversified and we consider precious metals a key part of that strategy. For the past 46 years, Gold, the most famous precious metal...

Fuel cell vehicle sales boosting platinum demand outlook

24 July 2017 - Fuel cell vehicle sales are expected to grow by more than 200% this year, with Japan targeting 200 000 fuel cell electric vehicles on its roads in 2025 and 800 000 in 2030...

Toronto firm closing South African platinum mine

21 July 2017 - Toronto-based Atlatsa Resources is mothballing its Bokoni mine in South Africa as part of a debt-cancellation and restructuring deal with joint venture partner Anglo American Platinum...

CHARTS: Lithium-rich countries risk missing the boat on electric batteries boom

7 July 2017 - As Tesla Motors begins to build the world’s largest lithium-ion battery in Australia and other vehicle makers such as Volvo get on board the electric vehicles train, concerns are rising...

The Platinum-Palladium Spread Could Ignite Platinum, Finally

26 June 2017 - Platinum group metals are rarer than gold. The group has two subsectors, palladium-group platinum group metals which include platinum, palladium, and rhodium...

Surging Palladium Prices Predict $2,450 Price for Platinum

16 June 2017 - Palladium has been on a tear this year, up 35% to date. In fact, it is the second best performing commodity, second only to cobalt....

Palladium Blows the Whistle on the London Metals Market

13 June 2017 - We noted that London palladium lease rates started to surge in late 2016 giving early visibility of a physical palladium supply shortage...

Palladium is top performing commodity so far in 2017

12 June 2017 - The metal is up 32 per cent, beating 33 other raw materials, including lean hogs and aluminum, tracked by Bloomberg...

Summary of Platinum Supply & Demand in 2016

May 2017 - The platinum market remained in deficit for a fifth consecutive year in 2016, but the gap between supply and demand narrowed significantly, to just over 200,000 oz...

Special Report: 2017 Platinum & Palladium Outlook: More Profitable Than Gold & Silver

2017 - Platinum is so rare, in fact, that all of the metal ever mined could fit into your living room. And palladium is even harder to find...

New Partnership Makes it Easier to Invest in Platinum

27 March 2017 - Thanks to a new partnership between the World Platinum Investment Council (WPIC) and BullionVault, physical platinum can now be traded via a low-cost online marketplace...

Aussie Firm Takes Bullish Stance on Lithium Outlook

23 March 2017 - Australia-based Independent Investment Research (IIR) is bullish on the outlook for lithium, saying it will be one of the key commodities to watch this year...

Reasons why a family office should consider investing in platinum

Summer 2016 - Platinum in Family Office portfolios may be the unexpected enhancer of diversification, sustainability and returns: Active promotion of jewellery and investment combine with...

Why The Lithium Boom Is Still In Its Early Stages

13 June 2016 - Nobody knows just how big the lithium market could be. The market's demand for longer lasting batteries in consumer electronics is insatiable, and increasing the use of lithium steadily...

Big Lithium Catch in Fish Lake Valley - A Whole New Lithium Play in Nevada

10 June 2016 - In brief, lithium is high-power simplicity. On the periodic table, it sits right below helium, and above all other metals. Because its atoms are so light, its power-to-weight ratio is high, which is a simple measurement to compare the performance of power sources...

New path forward for next-generation lithium-ion batteries

31 May 2016 - In the quest for a radically better lithium-ion battery, a promising direction is the so-called "lithium-rich" cathode, in which the cathode contains a higher proportion of lithium than normal...

Cobalt: The Bass Player in the Tesla Band

16 May 2016 - Numbers are numbers and facts are facts: we make serious money when we figure out how those statistics could affect the future. For the past year, we've been haranguing about the global shortage of cobalt. We're not alone in this. See John Petersen's series of beautifully analytical data-driven articles...

Platinum and palladium markets to go into deficit in 2016: GFMS

16 May 2016 - End of strikes in South Africa pushed production back up, but higher supply offset by robust autocatalyst demand. There is good news on the horizon for investors of platinum group metals (PGMs), though a reader has to scrutinize the fine print in the latest report from GFMS to find it....

Solar Impulse Flies Lithium/Sulphur Batteries Around the World

22 Apr 2016 - The Solar Impulse launched into the future from yesterday's Hawaiian dawn. It is a zero-fuel aircraft, sucking its energy from the sun, and storing it in lithium/sulphur batteries, to perform the impossible - an solar powered aircraft capable of night flight...

Analysts Expecting Higher Palladium Prices in 2016

19 Apr 2016 - Investors following the palladium market will be glad to know that there are some positive sentiments in regards to palladium prices. Palladium– despite having dipped in early April – is trading at about 0.4 percent higher than in March, with an April 15 price of $568 per troy ounce...

Palladium Joins the Gold and Silver Party

19 Apr 2016 - Investors haven't been keen on the newest precious metal so far this year, but Australian bank Macquarie thinks prices could rise around 20%. It’s been a pretty good year for bulls of the two oldest precious metals. Gold has been on a bit of a tear as interest rates have remained either stubbornly low or turned negative...

Tesla Model 3 Orders Crossed 400,000

13 Apr 2016 - Vice President Of Tesla Motors discusses fundamental DNA of Tesla. "Our cars are sexy - people love to drive them." Before Tesla, EVs were made with the motto: you do not have to drive really, but if you absolutely have to...

What does Tesla's Success Mean for Autocatalyst Demand?

12 Apr 2016 - Pre-sales launched for Tesla’s much awaited Model 3 last week and within a few days they reached 325,000, the strongest car pre-sale on record and a mutliple of analysts' expectations. Past models sold by the high-performance electric vehicle...

5 Top Platinum Producing Countries

22 Mar 2016 - Platinum­ group metals (PGMs), including platinum, palladium, rhodium and other metals, are prized for their durability, resistance to corrosion and excellent catalytic properties. These characteristics make PGMs useful in everything from jewelry to electronics. Today, the automotive industry is the world’s largest consumer of these...

Palladium Investing and the Lithium Revolution

21 Mar 2016 - It's not as sexy as gold, silver, or platinum...But it's just as important to the global economy. Palladium is actually very special among the metals. The metal is highly resistant to wear and tarnish, making it well suited for applications like jewelry. Palladium also has very stable electrical properties and has become a key material for electrical capacitors and semiconductors — the organs of all of our plug-in gadgets...

Palladium Investing and the Lithium Revolution

15 Mar 2016 - Palladium prices have on the downtrend for the past year, but this month, it looks as if things could be picking up for the white metal. Palladium prices have gained roughly 12 percent, or $61 over the past month, and the metal is up 21 percent since hitting a low of $467 per ounce on January 12. Still, in the March edition of the FocusEconomics Consensus Forecast...

Industrial and Base Metals Fundamental Analysis, April 1, 2015 – Forecast – Copper, Palladium & More

31 Mar 2016 - Copper took a big hit today falling 41 points to trade at 2.741 after traders had pushed up prices on the hopes of additional stimulus from the Chinese which did not happen on Monday. Palladium got a bump after auto sales and consumer confidence reports in the US and Asia showed signs of positive recovery in the retail markets...