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Tuesday, November 04, 2008 8:00:30 AM
By Jack Lifton
03 Nov 2008 at 03:15 PM GMT-05:00
The single largest demand today for platinum group metals (PGMs) comes from their legally mandated use in exhaust emission control for the internal combustion, hydrocarbon fueled, (ICHF), engines used in 99% of all motor vehicles now produced globally. Therefore the long-term future demand for PGMs by the global OEM automotive industry is dependent on the total number of ICHF power trains built for future vehicles. However, today this number doesn’t appear to be dependent solely on the total number of motor vehicles built from now on.
http://www.resourceinvestor.com/pebble.asp?relid=47601
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