In demand29 Apr 2021 10:04
EUA , in demand for investment and Fuel cells -Globally up to $10 billion in assets is already invested in platinum. Studies suggest that platinum is both an effective diversifier of risk alongside other investments and a long-term store of value. (World Platinum Council )
Tamerlan Abdikeev -non-executive Director of the Company and the head of Eurasia's office in Japan ("Eurasia Japan")
Tamerlan's achievements for Eurasia
Reputable members of Japan's business community related to PGM are in discussion to join Tamerlan at Eurasia Japan.
Tamerlan has introduced several Asian companies interested in working with Eurasia, including a Japanese US$21b net revenue company, that is already present in a PGM mining asset.
Christian Schaffalitzky, Executive Chairman of Eurasia commented: "We are delighted that Tamerlan is joining us. He brings along his Asian strategic investors, that are keen on the move to hydrogen and fuel cells using PGM as catalysts and have active interests in PGM mineral deposits having been hit by the PGM supply disruptions".
Japanese Platinum Group Metals ("PGM") Market Brief Summary:
· Japan, a top 4 region in terms of PGM demand (after China, Europe and North America) in 2020 according to Johnson Matthey, has an ambition to get the leadership position as a hydrogen focused economy to meet its zero-emission goal.
· Development of new generation of catalysts based on modified materials utilising PGM to be implemented in various fields, including but not limited to hydrogen production, fuel cells and treatment of nuclear contaminated water.
· Japanese recent investments in PGM deposits include Japan Oil, Gas and Metals National Corporation (JOGMEC) ownership of 12.95% and Hanwa's acquisition of 9.75% in Platinum Group Metals Ltd in South Africa.