Latest news
- CompaniesSibanye-Stillwater Wage Deal and A2X Listing: Platinum Market Report, October 5, 2026
Sibanye-Stillwater settled its East Boulder wage deal and confirmed an A2X secondary listing starting October 6.
- Market reportSibanye-Stillwater Strike, Epiroc Order and Platinum Dip: PGM Week in Review, October 4, 2026
East Boulder wage deal, Epiroc mechanization order and a diluted Generation Mining stake led a quiet PGM week.
- Market reportSibanye-Stillwater A2X Listing, Platinum-Free Catalyst: PGM Week in Review, October 3, 2026
Sibanye-Stillwater added an A2X listing this week as a platinum-free catalyst set a new fuel cell power record.
- Market reportPalladium Hits 1-Year Low Near $1,170: Platinum Market Report, October 2, 2026
Palladium fell to a one-year low near $1,170/oz on October 2 as Implats addressed PGM consolidation talk.
- Market reportWPIC Surplus Call Keeps Platinum Near $1,700: Platinum Market Report, October 1, 2026
Platinum traded near $1,700/oz on WPIC's 2026 surplus forecast as Lion Battery advanced a PGM drone-battery chemistry.
- CompaniesSibanye-Stillwater Settles East Boulder Wage Deal, Stillwater Strike Continues
Sibanye-Stillwater ratified a new East Boulder wage deal on 30 September while a USW strike persists at Stillwater East and Columbus.
- Market reportSibanye-Stillwater Stake Cut, Epiroc PGM Order: Platinum Market Report, September 30, 2026
Sibanye-Stillwater's stake in Generation Mining fell to 4.7% after a share issuance it did not join, while platinum held near $1,700/oz.
- Market reportSibanye-Stillwater A2X Listing, GFEX Opens PGMs: Platinum Market Report, September 29, 2026
Sibanye-Stillwater adds an A2X listing as China's GFEX opens platinum and palladium futures to foreign investors.
- Market reportSibanye-Stillwater Shares Extend Monthly Slide: Platinum Market Report, September 28, 2026
Sibanye-Stillwater's JSE shares are down 14.16% over the past month as PGM producer sentiment stays weak.
- Market reportPlatinum Rebounds From Five-Week Low: Platinum Market Report, September 27, 2026
Platinum climbed back toward $1,790/oz after touching a five-week low near $1,770, while palladium held far below its 2022 peak.
- Market reportRhodium Surplus Looms as Autocatalyst Demand Cools: Platinum Market Report, September 26, 2026
TD forecasts rhodium's four-year deficit ending in 2027, even as spot trades near $9,000/oz on thin inventories.
What Is DailyPlatinum's PGM Market News?#
DailyPlatinum's PGM market news is a running log of dated, named-source events in the platinum, palladium and rhodium markets, separate from the live spot-price widget the site runs on its price pages. Each entry pairs a headline with the report, filing or exchange release that supports it.
Live prices for platinum and the other five platinum group metals sit on a dedicated page; see platinum group metal prices today for the current spot quote in troy ounces, grams and kilograms. This news log instead covers the events behind those price moves: mine supply data, producer earnings, refiner deals and regulatory filings that a price ticker alone does not explain.
The wider supply and demand picture behind these events sits on platinum group metals market, which carries the quarterly deficit or surplus figures WPIC and Johnson Matthey each publish on their own basis.
What This Page Covers#
This page covers four kinds of PGM news: price-setting events, producer and refiner results, supply and demand data, and regulatory or trade developments.
- Price-setting events: benchmark auction changes, exchange launches and record price readings, such as the LBMA Platinum Price auction and NYMEX platinum futures settlements.
- Producer and refiner results: half-year and annual earnings, cost data and dividend announcements from mining and refining companies such as Sibanye-Stillwater and Johnson Matthey.
- Supply and demand data: quarterly market-balance figures from the World Platinum Investment Council (WPIC) and Johnson Matthey's PGM Market Report.
- Regulatory and trade developments: import duty changes, corporate approaches and exchange approvals, such as the Guangzhou Futures Exchange's 2025 platinum futures launch.
How Often Platinum News Is Updated#
News entries are added each business day, matching the cadence of the LBMA Platinum Price auction and Johnson Matthey's base-price resets that most PGM news tracks. The LBMA Platinum Price is auctioned from 09:45 and 14:00 London time, not set at a fixed moment, according to ICE Benchmark Administration (IBA), while Johnson Matthey resets its base prices four times each business day, at 08:30 and 14:30 Hong Kong time, 09:00 London and 09:30 US Eastern.
Recent Platinum Group Metals Market News#
The most recent platinum group metals market news includes the World Platinum Investment Council's 9 September 2026 Platinum Quarterly, forecasting a 265,000-ounce 2026 surplus after a 2025 deficit of over 1.4 million ounces. The table below lists each dated event with its named source.
| Date | Headline | Summary | Source |
|---|---|---|---|
| 9 Sep 2026 | WPIC forecasts a 265 koz 2026 platinum surplus | Platinum Quarterly Q2 2026 reverses an earlier 297 koz deficit forecast, revises the 2025 balance to a deficit of over 1.4 million ounces, and cuts 2026 investment demand to 83 koz of net disinvestment | World Platinum Investment Council |
| 8 Sep 2026 | Sibanye-Stillwater opens restructuring talks on its Kwezi shaft | Section 189A consultations begin on the Kwezi shaft, part of its Rustenburg operations, putting about 1,114 jobs at risk after losses of R208 million in 2024 and R91 million in 2025 | Sibanye-Stillwater, reported by Mining Weekly |
| 1 Sep 2026 | Sibanye-Stillwater posts record H1 2026 results | Six months to 30 June 2026: revenue of about R90 billion, adjusted EBITDA of R31.8 billion, profit of R18.8 billion and a record R19.6 billion in net cash from operations | Sibanye-Stillwater H1 2026 results |
| 26 Aug 2026 | Northam Platinum discloses an unsolicited approach | An unnamed major South African PGM producer makes an unsolicited, exploratory and non-binding approach for a possible asset-level or corporate transaction; no deal terms are confirmed | Northam Platinum, reported by Financial Mail |
| 17 Jul 2026 | Johnson Matthey completes Catalyst Technologies sale to Honeywell | The GBP 1,325 million, cash- and debt-free sale of Johnson Matthey's Catalyst Technologies business to Honeywell completes | Johnson Matthey plc |
| 26 Jan 2026 | Platinum sets an all-time high of $2,923 per ounce | WPIC records the record on its spot series; Johnson Matthey's base-price basis reads $2,860 for the same event | World Platinum Investment Council; Johnson Matthey |
| 27 Nov 2025 | Guangzhou Futures Exchange launches China's first platinum futures | GFEX lists CNY-denominated, physically settled platinum and palladium futures and options, China's first exchange-traded contracts for the two metals | World Platinum Investment Council, citing GFEX |
WPIC chief executive Trevor Raymond attributes the swing from deficit to surplus to investment outflows that occurred during the first half of the year, not to a change in industrial or jewelry demand. How WPIC's forecast compares with other named outlooks is tracked on platinum price forecast, and the size and causes of the deficit itself sit on platinum market deficit.
Sibanye-Stillwater's two September entries pull in opposite directions within one week: record group profit on 1 September, then Section 189A consultations on the Kwezi shaft on 8 September, a reminder that record metal prices do not by themselves fix a high-cost shaft's economics.
Johnson Matthey's completed sale of its Catalyst Technologies business narrows the company toward its core PGM refining and market-reporting business; how platinum group metal refiners rank by PGM-refining accreditation and capacity is tracked on its own page.
The Guangzhou Futures Exchange's launch gave China and the platinum market its first exchange-traded platinum contract, priced in yuan and settled in physical metal rather than cash. Contract terms for platinum futures, including the longer-running NYMEX 50-ounce contract, are compared separately.
Where DailyPlatinum's News Comes From#
DailyPlatinum's news draws on named primary sources, such as WPIC's Platinum Quarterly, Johnson Matthey's PGM Market Report, LBMA/IBA auction data and company results releases, each cited in the entry that uses it.
- World Platinum Investment Council (WPIC): the Platinum Quarterly report and its market-balance commentary.
- Johnson Matthey: the PGM Market Report and its own base-price series.
- ICE Benchmark Administration (IBA): the LBMA Platinum Price and LBMA Palladium Price auction data.
- Company filings and results releases: earnings, dividends and corporate announcements from producers and refiners.
Each source's update schedule, coverage and license terms are documented on price data sources.
Platinum and PGM Prices Today#
Live prices for all six platinum group metals are on DailyPlatinum's price pages. Platinum's own live spot price is covered above; the other five PGMs each have a dedicated live price page, listed below.
- palladium price today
- rhodium price today
- iridium price today
- ruthenium price today
- osmium price today
Platinum Market Data and Analysis#
Platinum supply, demand and forecast data sit on DailyPlatinum's market and price-history pages, listed below.
- The size and causes of the current shortfall are tracked on platinum market deficit.
- Live and historical price movement is charted on platinum price chart.
- Annual prices back to 1971, with each year's high and low, are on platinum price history.
Platinum News FAQ#
Is platinum expected to go up in price?#
No direction is certain; WPIC's Platinum Quarterly of 9 September 2026 forecasts a 265,000-ounce surplus for 2026, reversing its own Q1 2026 deficit forecast. Johnson Matthey's May 2026 report, on its own basis, still shows a fourth consecutive year of deficit, and the two houses' figures are never combined into one calculation.
Will platinum hit $3,000 an ounce?#
Platinum's record price is $2,923 per troy ounce, reached on 26 January 2026 (WPIC); no named forecaster in DailyPlatinum's sources puts a 2026-27 target at $3,000. Johnson Matthey's base-price basis reads the same event at $2,860.
What is the platinum price prediction for 2027?#
Platinum price predictions differ by forecaster and edition date; DailyPlatinum's forecast page names each one rather than averaging them. See platinum price forecast for every named, dated outlook.
What are platinum's symbol, atomic number and CAS number?#
Platinum has the symbol Pt, atomic number 78 and CAS number 7440-06-4 (PubChem). The element's structure, properties and uses are covered on platinum (Pt), element 78.