Long-term Partnerships Critical for PGM Supply in Energy Transition at Mining Indaba 2026
At the Investing in African Mining Indaba 2026 in Cape Town, experts emphasized the need for long-term partnerships between platinum-group metal (PGM) miners and automotive and energy companies to de-risk the global energy transition. Of offtake agreements ensure secure supply and price stability while addressing emerging technologies and ESG expectations. The importance of developing relationships with the Chinese automotive sector and the growing demand for iridium in hydrogen energy applications were highlighted. The event continues until February 12.
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Experts at the Investing in African Mining Indaba 2026 in Cape Town stressed that long-term partnerships between PGM miners and automotive and energy companies are essential for a secure global energy transition. Of offtake agreements are pivotal for ensuring supply and price stability amid evolving technologies and ESG expectations.
The need for PGM miners to engage with the Chinese automotive sector was noted, as well as the rising demand for iridium used in hydrogen fuel cells, with current production heavily committed through agreements. Successful partnerships rely on communication and diversity in sourcing, as indicated by industry leaders. The event runs until February 12.
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