Supporting booming PGMs is government’s best shot at boosting growth
Vehicles globally will require higher loadings of metals to meet stringent emissions standards
14 April 2021 - 16:07
Though the mining sector often feels insulated from the rest of the SA economy given that it is heavily mechanised and ore is extracted and processed disconnectedly in peri-urban hubs such as Rustenburg and Polokwane, the industry offers the best hope for economic recovery in the near term.
While some sectors of the economy are expected to be depressed for some time — specifically tourism and construction — mining has the highest odds of keeping the economy buoyant, particularly the platinum group metals (PGM) sector. The sector is blossoming after a decade of hardship. ..
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