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Despite strong headwinds, Sibanye-Stillwater’s Stewart remains bullish on PGMs future
Despite the platinum group metals (PGMs) slump brought about by low prices and the advent of electric vehicles (EVs), Sibanye-Stillwater CEO-designate Richard Stewart remains optimistic about the future of the PGMs market. "We're a country that produces 80% of these metals across the world. We've got to shift our thinking here, from being miners and price . . . we are producing some of the most valuable metals in the world, and if we're smart, they'll continue to be valuable metals for the next 50 years, which is why I'm bullish, because they're so unique.
Despite the platinum group metals (PGMs) slump brought about by low prices and the advent of electric vehicles (EVs), Sibanye-Stillwater CEO-designate Richard Stewart remains optimistic about the future of the PGMs market. "We're a country that produces 80% of these metals across the world. We've got to shift our thinking here, from being miners and price . . . we are producing some of the most valuable metals in the world, and if we're smart, they'll continue to be valuable metals for the next 50 years, which is why I'm bullish, because they're so unique.
