Eastern Platinum Ltd. T.ELR

Alternate Symbol(s): ELRFF

Eastern Platinum Limited owns directly and indirectly a number of platinum group metals (PGM) and chrome assets in the Republic of South Africa. It is engaged in re-mining and processing of tailings at the Crocodile River Mine (CRM) and the exploration and development of other PGM and chrome properties located in various provinces in South Africa. All of the Company's properties are situated on the western limb (Crocodile River Mine) and eastern limb (Kennedy's Vale, Spitzkop, Mareesburg) of the Bushveld Complex, the geological environment that hosts approximately 80% of the PGM-bearing ore. Operations at the Crocodile River Mine include re-mining and processing its tailings resource to produce PGM and chrome concentrates from the Barplats Zandfontein tailings dam. Its six PGMs are platinum, palladium, rhodium, osmium, iridium and ruthenium. The Kennedy’s Vale and Spitzkop Project are situated on the Eastern limb of the Bushveld Complex 350 kilometers northeast of Johannesburg.

TSX:ELR - Post by User

Eastern Platinum Ltd.

Bullboard Posts

Post by gskohlion Sep 08, 2011 10:48am

404 Views

Post# 19022243

Upward Trend in Platinum Demand Growth

Upward Trend of Platinum-Group Metals Demand GrowthPersists in Years to Come According to Merchant Research &Consulting, Ltd.

Platinum-Group Metals Market Review reports total index for demandgrowth on the global platinum-group metals market has risen dramaticallyover the past few years.

LONDON--(BUSINESS WIRE)--Total index for demand growth on the global platinum-group metals markethas risen dramatically over the past few years. The offered availablesupplies were far behind the commercial demand for these metals. Thedemand thus increased by approximately 16% last year while the supplylevel remained flat during 2010. This made the global platinum marketbalanced with the upward trend of requirements growth persisting well inthe years to come.

With a major rise in the post-recession glass and chemical industries,the expansion of the demand for platinum-group metals in industrialapplications jumped up by around 48%. At the same time jewelry sectorremained lackluster or even reducing during 2010. The only exceptionhere is the regional jewelry market of China – the key marketers herehave been eager to purchase.

Topical full review of global, regional and country markets ofplatinum-group metals can be found in the new market research report “Platinum-GroupMetals Market Review” that presents detailed analysis of the presentmarket landscape, historical background and future outlooks and providesaccess to factual parameters and indexes characterizing platinum-groupmetals market performance.

The study offers a deep insight into the various aspects ofplatinum-group metals market: key market participants - producers andsuppliers and their performance, platinum-group metals production,consumption and trade statistics for the reviewed countries,platinum-group metals most recent prices. Market forecasts for the fiveyears to come, that show projected platinum-group metals marketstatistics including market volumes and prices.

The research on platinum-group metals has been provided by MerchantResearch & Consulting Ltd, an internationally recognized marketresearch agency, specializing in chemical industry. “Platinum-GroupMetals Market Review” is included into the catalogue “Metals”,which also highlights market reports on Aluminum, Antimony, Beryllium,Chromium, Copper, Lead, Magnesium, Mercury, Tantalum and Niobium,Titanium markets.