“PGM Market Report May 2023” : A return to more balanced conditions is expected

Abstract

Johnson Matthey’s annual review of the platinum group metal (pgm) markets was published on 15th May 2023, providing an outlook for pgm supply and demand for 2023. The report contains a comprehensive review of developments in the automotive market, covering production and powertrain trends and their implications for pgm use as well as an update on future emissions legislation. It also features an in-depth discussion of the ruthenium and iridium markets in view of increasing interest in the use of these metals in the net zero transition.