Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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So a FCEV creates demand for the whole PGM district, all the fuel cell needed metals, all the battery needed metals, the copper for the wiring etc etc.
GLA
Something to note, as it's a regular thing people that i've spoken to seem confused about, is that a FCEV still very much has a battery pack -
https://afdc.energy.gov/vehicles/how-do-fuel-cell-electric-cars-work
GLA
This is what someone else mentioned last night, but it's those fuel cell modules being utilised -
"Toyota Applies Diesel-Killing Hydrogen Fuel Cell Muscle To EU Railways"
https://cleantechnica-com.cdn.ampproject.org/v/s/cleantechnica.com/2021/04/09/toyota-applies-diesel-killing-hydrogen-fuel-cell-muscle-to-eu-railways/amp/?amp_js_v=a6&_gsa=1&usqp=mq331AQFKAGwASA%3D#ampshare=https%3A%2F%2Fcleantechnica.com%2F2021%2F04%2F09%2Ftoyota-applies-diesel-killing-hydrogen-fuel-cell-muscle-to-eu-railways%2F
GLA
"Development of hydrophobic platinum catalyst for oxidation of tritium in JAEA"
https://www.sciencedirect.com/science/article/pii/S2352179115300478
GLA
I agree Bumble, and Toyota is allready getting help from Japanese government to secure resources.
That CECE system will potentially be used at every nuclear power site -
"Proposal for Combined Electrolysis and Catalytic Exchange System (CECE) development within the Pilot Plant"
https://www.sciencedirect.com/science/article/abs/pii/S0920379618302655
It's a fairly similar system they use for cleaning up drinking water. You see a contaminated area contaminates everything, food, water, the entire local and surrounding ecosystem as it spreads. It's a very nasty affair to be honest.
GLA
Dedalus,
None of us know the full picture, yet, but it could all be about securing supply.
The WORLD is having to go green and clean up its act, every country is going to need to clean up to meet climate change agreements.
Our basket of metals is highly desirable and will more than likely continue to increase in value as demand increases.
A consortium of buyers, say Toshiba, Honda, Toyota could join forces to SECURE their future supply and therefore secure the future of their companies!
Yes shezer, part of the whole picture.
Toyota fuel cell modules is also a big thing, they can be utilised in many applications.
GLA
Yes dedalus, hence consortium, many companies with many products needing what Eurasia have, not just the PGM's mentioned in recent RNS but also the battery metals we have. The more you put the whole picture together the more it looks like a Japanese consortium making a move tbh.
GLA
Realistically though, neither of those two options would require a company to buy a PGM mine or even have a JV if they didn't have another product to use it in. Don't think the quantity of minerals required would justify the outlay just for this application.
Yes dedalus, that will be part of it, but there have been Toshiba robots operating to investigate the sites for years now. If they're the ones investigating then they're the ones who will be doing the clean up. It's been going on for years there now.
Platinum is also used in a system for cleaning contaminated drinking water, more like an eletrolyser system -
https://www.nuclearsolutions.veolia.com/en/our-expertise/technologies/our-modular-detritiation-system-mds-remove-tritium
Whole picture, not just parts.
GLA
You can skip to the 1 minute mark where it describes how the microrobots work.
I could be wrong but I don't think it's that type of thing that they meant regarding clean up of nuclear water. I posted this yesterday which is what I think they want platinum for.
https://youtu.be/TRhVaUNOBhU
$15billion is the starting sale price. The question is who wants it let the bidding war begin. Gla
https://www.theengineer.co.uk/toshiba-robot-reactor-mission/
GLA
Consortium is definitely what it looks like as Toshiba have been making robots for the nuclear part -
https://www.bbc.co.uk/news/in-pictures-40298569#:~:text=Toshiba%20and%20a%20team%20of,parts%20of%20the%20nuclear%20plant.
GLA
https://www.toshiba-energy.com/en/hydrogen/product/fuel-cell.htm
Indeed Professor, they've created a fuel cell module which can be applied to many things -
"Toyota City, Japan, February 26, 2021?Toyota Motor Corporation (Toyota) has developed a product that packages a fuel cell (FC) system into a compact module and plans to begin selling it in the spring of 2021 or later. The new module will be easily utilized by companies that are developing and manufacturing FC products for wide variety of applications, including mobility such as trucks, buses, trains and ships, as well as stationary generators (referred to hereafter as "FC product companies")."
https://global.toyota/en/newsroom/corporate/34799439.html
GLA
Article on cleantechnica.com
Toyota Applies Diesel-Killing Hydrogen Fuel Cell Muscle To EU Railways
If all goes according to plan, a new hybrid hydrogen fuel cell locomotive will sport Toyota fuel cells and green H2, too.