Platinum Group Metals Heading Toward Tight Supplies, Soaring Prices and Competition from Cheaper Alternatives
NEW YORK, N.Y., March 19, 2012 (SEND2PRESS NEWSWIRE) — Platinum group metals (PGMs), namely, platinum, palladium, rhodium, iridium, ruthenium and osmium, are heading toward a period of exceptional volatility with supply constraints and dramatic fluctuations in price, according to a new report published by Thintri, Inc. The same materials are threatened in the longer term by competing materials in some of their largest markets.