| dc.description.abstract | In order to analyse the strategic issues with regard to the South
African Platinum Group of Metals (PGM) industry, a risk analysis and an
assessment of the competitiveness of the industry were conducted. The analysis
of risk related to market conditions indicates a relatively low risk rating driven
by increased demand for jewellery and autocatalysts, while the industry is
exposed to moderate risk for raw materials and supporting services, which is
expected to remain moderate in future. Overall, the current risk for production
factors was found to be moderate and is expected to remain moderate over the
medium term. The results of industry risk analysis indicate that the PGM
industry is currently exposed to moderate risk. Applying Porter’s diamond
model (Porter, 1990), the research found that the South Africa’s PGM industry
has a very strong platform and is expected to become more competitive
in future, although increased cooperation will still be evident. The
competitiveness of South African producers is expected to increase over the
medium term, since most of the expansion will come on stream in the near
future. The paper also discusses the development potential of South Africa in
line with the exploitation of PGM. | en |
