Valterra Platinum says PGMs “will continue to be in a supply-demand deficit for a number of years" - Bloomberg interview

The comments from Valterra Platinum underscore a persistent supply-demand deficit for platinum-group metals (PGMs), primarily due to a slower-than-anticipated adoption of electric vehicles.

Newsquawk StaffPublished 10 Feb 2026, 17:27 UTCOn the live feed at 17:07 UTC — 3 more headlines followed before this page went public

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Valterra Platinum says PGMs “will continue to be in a supply-demand deficit for a number of years" - Bloomberg interview

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A slower-than-expected rollout of electric vehicles will help keep platinum-group metals in supply shortfalls over the coming years.
CEO said the pace of the transition to EVs has not been “as dramatic as some of the forecasts were".

Context

This suggests ongoing challenges for supply chains, potentially supporting higher prices in the PGM market while raising implications for related sectors reliant on these metals, like automotive and energy. Furthermore, it signals a need to reassess expectations around the EV transition timeline, which could influence investment strategies in this commodity space.

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