PlatinumWhen palladium hit $3,400 an ounce, automakers did what they always do: re-engineer the problem. The substitution story is now reshaping the entire PGM market.
PlatinumBattery electric vehicles need no catalyst. So is platinum's biggest demand pillar collapsing? The answer is more nuanced than the headlines suggest.
PalladiumBattery electric vehicles use no palladium. As BEV penetration crosses 20%, palladium faces a structural demand decline that no investment story can offset.
PalladiumFor two decades, autocatalyst makers swapped platinum for palladium. Since 2020, the trade has run in reverse, and the implications for both metals are huge.