Lonmin Plc, the world’s third-largest platinum producer, said South Africa should push its BRICS emerging-market partners to enact stricter laws to curb vehicle emissions and adopt the metal as a reserve holding to drive demand. Platinum producers in South Africa, which provides more than 70 percent of global supplies, are grappling with a 44 percent slump since 2011 in prices for the metal, used in devices to clean vehicle emissions and for jewelry.
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