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South Africa's Sibanye-Stillwater and Valterra Platinum have partnered with Johnson Matthey to develop technologies using platinum group metals (PGMs) for clean energy applications. The partnership aims to diversify the use of PGMs beyond traditional automotive applications, focusing on hydrogen technology and emissions reduction.

The global market for platinum is expected to experience deficits, while palladium may see a surplus. Valterra anticipates a significant increase in its earnings for the year ending December 31, 2025.