Welcome to Goldbank Insider, the podcast for a UK audience tracking what’s moving gold, silver, and platinum markets, and why it matters for investors. Today we’re focusing on platinum group metals, or PGMs, and a new collaboration that aims to create fresh industrial demand beyond the traditional uses.

Main news

UK-listed Johnson Matthey has teamed up with 2 major South African PGM producers, Sibanye-Stillwater and Valterra Platinum, to develop what they describe as high-impact technologies enabled by PGMs. The stated goal is to diversify demand and reduce reliance on the main end use PGMs are known for today.

A key point here is how concentrated demand currently is. The announcement says around 60% of global PGM supply is used in catalytic converters, which reduce harmful emissions from internal combustion engine ...