The platinum industry could very easily experience an original equipment manufacturer (OEM) switching from palladium to platinum in the short term, platinum group metals (PGMs) were unlikely to be used in battery electric vehicles soon and communities are sharing considerably in the latest dividend windfall of Anglo American Platinum (Amplats). Outgoing Anglo American Platinum CEO Chris Griffith made these points in response to questions put by Mining Weekly on the current slowness in the switch from palladium to platinum by the automotive industry, the chances of PGMs being used in battery electric vehicles (BEVs) any time soon, and not only in fuel cell electric vehicles (FCEVs), and the extent to which communities will share in Amplats’ latest large dividend windfall. (Also watch attached Creamer Media video.)
