China Holds Demand as This Metal Faces Its Largest Supply Deficit in a Decade - Ed Sterck

7 hours ago
105

"Jeremy Szafron, Anchor at Kitco News, interviews Edward Sterck, Director of Research at the World Platinum Investment Council, about the largest platinum supply deficit in over a decade. Sterck attributes the deficit to reduced mining output, a drop in recycling from fewer end-of-life vehicles, and changing consumer behaviors. He explains how China's steady demand for platinum, alongside the growing production of hybrid vehicles using more platinum, is driving demand. Sterck also discusses the long-term potential for platinum in hydrogen fuel cell technology, highlighting the metal's future prospects.

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00:00 - Introduction
01:00 - Platinum Supply Deficit Overview
03:00 - Recycling Challenges and Impact on Supply
05:00 - Decline in Mining Output
07:00 - China’s Role in Platinum Demand
09:00 - Hybrid Vehicles Increasing Platinum Use
12:00 - Hydrogen Technology and Future Demand
15:00 - South Africa’s Supply Concerns
18:00 - Jewelry and Industrial Demand Trends
20:30 - Future Outlook for Platinum Market

#Platinum #PlatinumDeficit #PreciousMetals #PlatinumSupply #ChinaDemand #HybridVehicles #HydrogenTechnology #MiningOutput #RecyclingChallenges #MetalsInvestment #CommodityMarkets #MarketAnalysis #EconomicOutlook #KitcoNews #JeremySzafron #EdwardSterck #WorldPlatinumCouncil #IndustrialDemand #Investing #GlobalEconomy #PreciousMetalsInvestment
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