PGMs in ONT Pacific North West is a N American Choice
By Ted Niles
Two things bode well for Pacific North West Capital Corp TSX:PFN and its River Valley PGM-gold project in Ontario. The first is the continuing growth in automotive manufacture, driven (so to speak) in large part by the burgeoning Chinese market. This means a concomitant increase in the production of autocatalysts, the largest single source of industrial demand for platinum group metals. The second is the social and political instability in South Africa, compounded by its ongoing electricity crisis, which threaten its status as the largest platinum producer, and second largest palladium producer, in the world.
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