- Reuters
Platinum set for biggest deficit in a decade in 2024, says Johnson Matthey
The autocatalyst maker added that it expected all platinum group metals (PGM) - platinum, palladium, and rhodium - to remain in deficit in 2024. Johnson Matthey (JM) said it expected the platinum market's deficit to increase to 598,000 ounces this year from a shortfall of 518,000 ounces in 2023. Auto sector consumption is expected to slip 1.3% in 2024, while primary supply is projected to fall 2% as Russian shipments return to more normal levels following heavy selling of mined stocks in 2023, JM said.
- Zacks
Johnson Matthey (JMPLY) Sells Medical Device Unit for $700M
Johnson Matthey (JMPLY) finalizes the sale of its Medical Device Components business to Montagu Private Equity for $700 million, completing its Value Businesses divestment program.
- Zacks
Is Hawkins (HWKN) Stock Outpacing Its Basic Materials Peers This Year?
Here is how Hawkins (HWKN) and Johnson Matthey PLC (JMPLY) have performed compared to their sector so far this year.
