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Whoops - this is the correct article - re India /Russia Among the possible projects considered in the new analytical report of the Roscongress Foundation are the following:

In particular, the program for the development of India’s hydrogen energy consists mainly of Russian details, and plans for modernization of the country’s power grids with $106 billion worth of investments until 2030 may open new horizons for Russian suppliers.

India ranks first in the world in terms of power demand growth. Its energy needs continue to grow as a result of population growth and modernization.

India - continues to expand trade with Russia - posted recently (miningweekly.com) – The total cost of ownership (TCO) of platinum-based hydrogen fuel cell electric vehicles (FCEVs) is forecast to be less than that of battery electric vehicles (BEVs) by 2026, and less than that of internal combustion engines (ICEs) by around 2027, with an overall estimated 50% FCEV cost decline in the next ten years.

Furthermore, FCEVs are demonstrably greener and cleaner and more environment-friendly across their entire lifecycle than BEVs and ICEs, with more improvements to come as hydrogen production shifts toward a broader role in renewable energy development."

"Platinum-based hydrogen fuel cell vehicles forecast to be TCO unrivalled by 2026/7"
(miningweekly.com) – The total cost of ownership (TCO) of platinum-based hydrogen fuel cell electric vehicles (FCEVs) is forecast to be less than that of battery electric vehicles (BEVs) by 2026, and less than that of internal combustion engines (ICEs) by around 2027, with an overall estimated 50% FCEV cost decline in the next ten years.

Furthermore, FCEVs are demonstrably greener and cleaner and more environment-friendly across their entire lifecycle than BEVs and ICEs, with more improvements to come as hydrogen production shifts toward a broader role in renewable energy development.

Source Mining Weekly

BRICS buyer

BRICS continue to enjoy supplies from Russia - two way trade .

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"Platinum market back in contango, big improvement of net investment expected – WPIC
After two years of significant surpluses the platinum market is forecast to move to a material deficit in 2023. The change from the 776 000 oz surplus in 2022 to the forecast deficit of 556 000 oz in 2023 is over 1.3-million ounces. This reflects total supply remaining close to the weak level in 2022, up only 3% to 7 428 000 oz and strong demand growth of 24% to 7 985 000 oz." Source Mining Weekly

Dummy Buy/sell gives you an idea - L2 shows you .....

In addition, China’s plan to be a major generator of climate-friendly green hydrogen is also supportive of FCEV take-up, as well as giving rise to the production of green steel, green cement and a host of other environment-friendly pursuits.

India, meanwhile, is seizing the green hydrogen opportunity with both hands, along with the far-advanced European Union, a keen Australia, and a South Africa that has been producing green hydrogen at pilot plant level since 2012, and which has been talking fuel cell mobility for decades.

This is the strong standpoint of India Prime Minister Narendra Modi: “We have to make India a global hub for green hydrogen production and export. This will not only help India to make new progress in the field of energy self-reliance but will also become a new inspiration for clean energy transition all over the world.”

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Among the possible projects considered in the new analytical report of the Roscongress Foundation are the following:
In particular, the program for the development of India’s hydrogen energy consists mainly of Russian details, and plans for modernization of the country’s power grids with $106 billion worth of investments until 2030 may open new horizons for Russian suppliers.

India ranks first in the world in terms of power demand growth. Its energy needs continue to grow as a result of population growth and modernization."

From Roscongress Direct

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Green hydrogen moves by China, India boosting outlook for platinum group metals - Recent World Platinum Investment Council (WPIC) research indicates that it is just a matter of time before demand for platinum from FCEVs equals the current level of platinum automotive demand for platinum, which is forecast to be over 3-million ounces this year.

In China, a new trade and technology centre dedicated to the growth of the PGMs market is being developed along with Anglo American, Honeywell, WPIC and close to 70 organisations that have signed strategic cooperation agreements with the Lin-Gang Group, a State-owned developer of industrial parks.

WPIC’s Asia Pacific headquarters are destined for relocation to the Lin-Gang Special Area, where, from this year, the annual Shanghai Platinum Week will take place.

This comes amid green electron and green molecule production being poised to make the world a better place, with proton exchange membrane, or PEM, electrolysis in particular relying on the uplift that South Africa’s PGMs can provide, and hydrogen fuel cells offering zero-emission mobility through PGM catalysis.

In what is a major plus for PGMs demand and consequently South Africa’s local mining economy, China is poised to become a leading market for platinum-using FCEVs, which provide the emission-free mobility needed to combat climate change.

In addition, China’s plan to be a major generator of climate-friendly green hydrogen is also supportive of FCEV take-up, as well as giving rise to the production of green steel, green cement and a host of other environment-friendly pursuits.

India, meanwhile, is seizing the green hydrogen opportunity with both hands, along with the far-advanced European Union, a keen Australia, and a South Africa that has been producing green hydrogen at pilot plant level since 2012, and which has been talking fuel cell mobility for decades. - Source Engineering News /Cramer Media

India is the latest among big economies to approve green hydrogen plans, a component of its National Green Hydrogen Mission, a $2.4Bn incentive programme. This will assist India in becoming a global powerhouse for hydrogen and encourage major industrial sectors to decarbonise. This is mainly in line with policy developments in other major economies throughout 2022. The European Commission launched its European Green Deal in January 2020, which served as the foundation for all future European measures. However, the most recent investment in the hydrogen economy arose only after the pandemic as part of a more significant transition toward a greener (carbon-free) global economy. The European Green Deal was followed by the Commission’s Fit-For-55 package, which boosted the E.U.’s greenhouse gas reduction target by at least 55 per cent by 2030 and called for climate neutrality by 2050."

Summit you do realise you are using a BRICS device lol...

India and China account for 50% + of Global Trade ...

So yes BR IC. s. are important - Factories off the World.....

Among the possible projects considered in the new analytical report of the Roscongress Foundation are the following:
In particular, the program for the development of India’s hydrogen energy consists mainly of Russian details, and plans for modernization of the country’s power grids with $106 billion worth of investments until 2030 may open new horizons for Russian suppliers.

India ranks first in the world in terms of power demand growth. Its energy needs continue to grow as a result of population growth and modernization."

From Roscongress Direct

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The Ping Pong insults change nothing .........

That will be the Full Mining plan and No debt then .......

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