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Platinum Group Metals Ltd. Positions Waterberg Project for Long-Term PGM Production Amid Market Shift

By Burstable Editorial Team

TL;DR

Platinum Group Metals Ltd offers investors a strategic advantage by controlling 50.29% of the Waterberg Project, positioning to capitalize on platinum's undervalued industrial potential.

The Waterberg Project contains 23.41 million ounces of PGMs and gold across 246 million tonnes, with a 54-year production life based on September 2024 feasibility studies.

Platinum's growing industrial importance supports sustainable technologies and long-term resource security, potentially making tomorrow better through critical material availability.

While gold dominates headlines, platinum's quiet resilience in South Africa's Bushveld Igneous Complex reveals an overlooked precious metal with decades of projected production.

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Platinum Group Metals Ltd. Positions Waterberg Project for Long-Term PGM Production Amid Market Shift

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

The company's strategic advantage lies in its flagship Waterberg Project, located in South Africa's Bushveld Igneous Complex. This bulk underground platinum-palladium deposit is projected to produce for decades, providing long-term operational stability. Platinum Group Metals holds a 50.29% beneficial interest in the Waterberg Project, which was described in a September 2024 Feasibility Study as hosting proven and probable reserves of 23.41 million ounces of platinum group metals (PGMs) and gold. These reserves total 246 million tonnes at a grade of 2.96 grams per tonne of combined platinum, palladium, rhodium and gold.

Perhaps most significant for long-term planning is the project's projected production life of 54 years. This extended timeline positions Platinum Group Metals to benefit from potential increases in platinum demand across multiple industrial cycles. By securing access to one of the world's richest PGM regions, the company is preparing for a potential revival of platinum demand, not just as a precious metal but as a critical industrial input. The company operates the Waterberg Project, which was discovered by Platinum Group and is being jointly developed with partners Implats, Mnombo and HJM.

The implications of this positioning are substantial for both the company and the broader PGM market. For investors, the Waterberg Project represents a long-term asset with decades of potential production, offering stability in a sector often characterized by shorter mine lives. For the industry, the project's scale and longevity could contribute to supply security as demand patterns evolve. Platinum's industrial applications, particularly in automotive catalysts and emerging hydrogen economy technologies, suggest growing importance beyond traditional jewelry and investment markets.

This strategic positioning comes at a time when market attention may be shifting toward recognizing platinum's fundamental value. The company's news and updates relating to PLG are available through its communications channels. The broader context of this announcement is supported by specialized financial communications platforms like InvestorWire, which provides wire-grade press release syndication services within a larger network of financial media brands. The full terms of use and disclaimers applicable to such financial content are available on the InvestorWire website.

For stakeholders monitoring the precious metals sector, Platinum Group Metals' Waterberg Project represents a significant long-term play in the PGM space. The combination of substantial reserves, multi-decade production potential, and strategic positioning in a key mining region creates a foundation for sustained operations. As market dynamics continue to evolve, with platinum potentially gaining recognition for its industrial utility alongside its precious metal status, companies with established, long-life assets like the Waterberg Project may be particularly well-positioned to benefit from shifting demand patterns and valuation metrics in the global commodities landscape.

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Burstable Editorial Team

Burstable Editorial Team

@burstable

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