US fuel economy push could lift platinum demand

May 13, 2013 at 7:48 am

Reuters May 13, 2013 NEW YORK: A push by the United States to improve fuel efficiency could spur demand for platinum catalytic converters from leading car producers for diesel-powered vehicles, an executive of platinum specialist refiner Johnson Matthey said… The “Big Three” American automakers, General Motors Co., Ford Motor Co. and Chrysler Group LLC, are pressing to meet a government requirement for average fuel economy of 54.5 miles per gallon (23.2 km per liter) by 2025, almost doubling the current […]

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