Platinum Group Metal (PGM)

South African Businesses Brace for Tariff Blow as Trump Targets Trade Deal

GEOPOLITICAL SHIFT: Trade Minister Parks Tau and President Cyril Ramaphosa’s investment envoy Alistair Ruiters have arrived in the US capital, hoping to persuade the Trump administration to soften its hard line. Photo: GCIS

JOHANNESBURG – South Africa is facing a major economic jolt as the United States, under President Donald Trump, prepares to impose sweeping tariffs on South African exports, a move that could upend trade relations, hurt local industries, and threaten jobs. The Department of Trade and Industry confirmed that South Africa has formally requested more time… Continue reading South African Businesses Brace for Tariff Blow as Trump Targets Trade Deal

Russian Giant Nornickel Unveils Plan to Reshape Africa’s PGM Market

POTENTIAL: Dmitry Izotov, CEO of Nornickel’s Palladium Centre, emphasised the potential in hydrogen energy, solar tech, biofuels, and advanced electronics, where palladium alloys can enhance efficiency and reduce costs. Photo: Supplied

Nornickel (Norilsk Nickel), the world’s largest palladium producer, has unveiled an ambitious strategy to expand the metal’s role in high-tech industries, particularly in the fields of energy, electronics, and green technology, at the 8th annual PGMs Industry Day in Johannesburg. The event, held on 3 April 2025 and chaired by industry veteran Bernard Swanepoel, brought… Continue reading Russian Giant Nornickel Unveils Plan to Reshape Africa’s PGM Market

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