29.04.2015 - Good news for platinum industry
New commercial vehicle sales in the 28-member European Union bode well for platinum producers in South Africa. Sales figures for March released in Brussels by the European Automobile Manufacturers Association showed a 20.7% increase on last year. Even though the region produces less than a quarter of the world’s new vehicles, European demand accounts for just over a third of global platinum demand for use in autocatalysts. The March 2015 year-on-year sales growth was the highest since December 2013, following gains of 8.3% y/y in February and 7.6% y/y in January...............................................Full Article: Source
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