FAQ: Platinum Group Metals Ltd. and the AI-Fueled Data Center Surge

What is the main focus of Platinum Group Metals Ltd. (PLG) in relation to AI and data centers?

PLG is focusing on developing a supply of platinum crucial for powering the future of clean, resilient electrical infrastructure, especially in the context of the AI-driven surge in data center demand.

Why is platinum considered strategically essential in the current context?

Platinum is central to hydrogen fuel cells and advanced electrical components, making it a key asset for meeting the power needs of the expanding AI and data center industries.

What is the Waterberg Project?

The Waterberg Project is among the largest and lowest-cost undeveloped platinum group metal resources in the world, being developed by PLG.

How is the rise of AI-generated services affecting the global power grid?

The rise of AI-generated services is placing extreme pressure on the global power grid, with electricity demand from data centers expected to more than double by 2030.

Where can investors find the latest news and updates about PLG?

Investors can find the latest news and updates relating to PLG in the company’s newsroom at https://ibn.fm/PLG.

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What is the expected global electricity demand from data centers by 2030?

Global electricity demand from data centers is expected to more than double to around 945 TWh by 2030, surpassing the entire electricity consumption of certain regions.