Latest Pgm Market News

Podium Minerals has kicked off a comprehensive drilling campaign at its Parks Reef Platinum Group Metals Project, aiming to advance metallurgical testing and deepen resource insights. This move supports the company’s innovative Concentrator flowsheet development amid a tightening global PGM market.

Livium Ltd has locked in exclusive worldwide rights to a cutting-edge microwave technology from the University of Melbourne, promising high recovery rates and energy savings in rare earth and platinum group metals extraction.

Southern Palladium has cleared major regulatory hurdles and confirmed robust economics for its Bengwenyama platinum group metals project, supported by a $20 million capital raise to fund next-stage development.

Podium Minerals has announced a major metallurgical breakthrough with a new concentrator flowsheet achieving approximately 80% recovery of key platinum group metals, advancing its Parks Reef Project towards commercialisation.

Podium Minerals has unveiled a breakthrough concentrator flowsheet for its Parks Reef Project, achieving approximately 80% recovery of platinum, palladium, and gold from bulk sulphide ore. This innovation promises to unlock multiple commercial pathways and de-risk project development amid tightening global PGM markets.

Podium Minerals has significantly expanded its Parks Reef project with a new Copper-Gold Zone resource, increasing the basket price by 18% and completing a $2.6 million oversubscribed capital raise.

Southern Palladium’s Optimised Prefeasibility Study reveals a $857 million project valuation and a 38% cut in peak capital expenditure through a staged development plan for its Bengwenyama PGM project in South Africa.

Podium Minerals has successfully raised approximately A$2.6 million through an oversubscribed entitlement offer, securing strong shareholder support to advance key metallurgical work and maintain strategic tenements at its Parks Reef Project.

Podium Minerals launches a $2.61 million rights issue to advance its Parks Reef PGM project, capitalising on strong market fundamentals and significant resource growth potential.

Podium Minerals Limited has launched a fully underwritten $2.6 million entitlement offer to fund advanced metallurgical testing at its flagship Parks Reef Project, aiming to enhance platinum group metals recovery and concentrate grades.

Southern Palladium’s March quarter report highlights strong project economics from its Bengwenyama PGM project, with a $1.06 billion NPV and a mining right decision expected in Q2 2025. The company is progressing a Definitive Feasibility Study and project optimisation to accelerate production.

Podium Minerals has completed its acquisition of EV Nickel’s assets, consolidating key nickel and PGM projects and welcoming industry giant Johnson Matthey as a 16.25% shareholder.