Platinum demand boosted by AI trends embedded in China’s 15th Five-Year Plan – London, 16 July 2026
Shanghai Platinum Week (SPW) 2026 has highlighted the significant potential for PGM demand growth associated with China’s 15th Five-Year plan (covering the period 2026-2030). Almost US$300 billion of funding is earmarked for AI infrastructure expansion alone – investment that stands to benefit PGMs due to their wide spectrum of related applications, spanning: silicone production; hard disk drives; thin-film coatings on semiconductors and sensors; electronic grade glass fabrics to make printed circuit boards; the crucibles needed to grow industrial crystals for optical interconnects; and hydrogen fuel cells for data centre back-up power.