Platinum Group Metals Up 4% in U.S. Pre-Market After Editorial Cites Company's Growth Potential-February 2024-www.financetom.com

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Platinum Group Metals Up 4% in U.S. Pre-Market After Editorial Cites Company's Growth Potential

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Platinum Group Metals Up 4% in U.S. Pre-Market After Editorial Cites Company's Growth Potential

Nov 22, 2024 6:32 AM

09:02 AM EST, 11/22/2024 (MT Newswires) -- Platinum Group Metals ( PLG ) 's share price jumped 4.1% at last look in NYSE American pre-market trading after saying Friday that an editorial published by NetworkNewsWire cited the company's potential to become a leader in the platinum group metals space.

Amid the shift toward clean-energy technologies, the company is advancing its flagship Waterberg project in South Africa, which would produce PGMs that are valued for their purity, high melting points and unique catalytic properties.

"With potential supply disruptions from major producers and geopolitical tensions tightening the market, mining companies are well positioned for growth," Platinum Group Metals ( PLG ) said in a statement. "One of those companies, Platinum Group Metals ( PLG ) is emerging as a leader in the PGM space, due to the performance of its flagship Waterberg Project in South Africa."

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