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Gold/Mining/Energy : SOUTHERNERA (t.SUF) -- Ignore unavailable to you. Want to Upgrade?

To: geoffb_si who wrote (6634)	6/7/2001 12:11:04 PM
From: PHILLIP FLOTOW	Read Replies (1) \| Respond to of 7235

Thursday June 7, 3:33 am Eastern Time J.Matthey says platinum demand outlook very strong LONDON, June 7 (Reuters) - Speciality chemicals and precious metals group Johnson Matthey Plc (quote from Yahoo! UK & Ireland: JMAT.L) said on Thursday it believed the outlook for platinum demand was strong, with catalysts and jewellery both showing growth. ``Demand has been growing in platinum jewellery and is growing quite rapidly in some parts of the world, particularly in China, but also in the United States and that continues to be strong,'' said Johnson Matthey finance director John Sheldrick in an interview. High prices for palladium -- which soared to more than $1,000 an ounce early this year -- had also boosted demand for platinum. ``The car companies who use palladium and platinum in autocatalysts are switching to platinum,'' he said. ``So the demand charateristics are very strong.'' PHIL