Published November 2019

A South African Platinum Group Metals Exchange

Policy Rationale for Financial Beneficiation

The journey of this research report started in August 2013 when the Mapungubwe Institute for Strategic Reflection (MISTRA) published its book entitled South Africa and the Global Hydrogen Economy: The Strategic Role of Platinum Group Metals. The publication explored the strategic opportunities that arise from South Africa’s endowment of these strategic minerals.

At a workshop with policy-makers, producers and other industry stakeholders, soon after the launch of the book on Platinum Group Metals (PGMs), the need to broaden how beneficiation strategies are envisioned was underlined. Participants strongly argued for research into financial beneficiation, given the massive concentration of these endowments in southern and South Africa.

In partnership with Pan-African Investment and Research Services and the Johannesburg Stock Exchange (JSE) Limited, MISTRA set out to investigate the desirability and practicability of setting up a PGM exchange in South Africa.