Anglo American CEO: Platinum Seen In 200,000 Ounce Deficit This Year

30th Jul 2010 08:42

LONDON (Dow Jones)--The global supply of platinum is expected to fall 200,000 troy ounces short of demand this year, the chief executive of Anglo American PLC (AAL.LN) said Friday. Cynthia Carroll said demand recovery in Platinum Group Metal has helped bolster Anglo American earnings in the first half, buoyed by jewellery and industrial demand for the precious metal. Company Website: http://www.angloamerican.co.uk -By Alex MacDonald, Dow Jones Newswires; +44 (0)20 7842 9328; [email protected] (END) Dow Jones Newswires July 30, 2010 03:42 ET (07:42 GMT)