German ruling likely blessing in disguise for platinum – RBPlat Royal Bafokeng Platinum CEO Steve Phiri’s presentation of results is covered by Mining Weekly Online’s Martin Creamer. Photograph, Video & Video Editing: Darlene Creamer. Recorded 6.03.2018

The German Federal Court ruling on diesel car emissions, which could cost transgressors eight-billion euros in fines a year, is seen as a likely blessing in disguise for platinum, Royal Bafokeng Platinum (RBPlat) CEO Steve Phiri said on Tuesday. The global backlash against diesel-engine cars, which began in 2015 when German carmaker Volkswagen admitted to cheating US exhaust tests, has spread across the industry and boosted investment in electric vehicles.  (Also watch attached Creamer Media video).