Critical Metals Joins Five Western Developers in PGM-Gold $68B Supply Push
CRML•Critical Metals Corp is among five Western-aligned developers targeting alternative PGM and gold supply chains for U.S. and European defense, energy and industrial systems. Bank of America raised its 2026 platinum forecast to $2,450/oz and palladium to $1,725/oz, citing a third consecutive year of structural deficits.
1. Inclusion in Western-Aligned Developer Group
Critical Metals Corp is identified alongside Greenland Mines, NioCorp, MP Materials and USA Rare Earth as part of a Western push to secure critical platinum-group metals and gold supplies for defense and industrial applications in the U.S. and Europe.
2. Market Outlook and Supply Dynamics
Bank of America raised its 2026 platinum and palladium forecasts to $2,450/oz and $1,725/oz respectively, while the World Platinum Investment Council cites a third consecutive structural deficit year, underlining the urgency for alternative Western-aligned supply chains like that pursued by Critical Metals Corp.
