The long-anticipated switch to a limited use of platinum in petrol engines is a certainty due to the shortage of palladium, the preferred metal in anti-pollution devices, a report by the World Platinum Investment Council reads.

The negative consequences on the market arising from the spread of the Covid-19 virus, which had its epicentre in Wuhan in China, could be muted if the outbreak is contained “in a matter of months”, the World Platinum Investment Council said.

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now