re Platinum in batteries23 Sep 2020 11:35
" It was estimated that six times the amount of metal would be used in a battery as in current autocatalysts."
“Developing new applications for platinum group metals is key to ensuring long-term sustainable demand, demand which will be important to the future success of our large-scale Waterberg palladium and platinum mining project in South Africa.”
"Strategically, the decline in the traditional vehicle share gives more prospects than risks for platinum, manufacturers think. In addition to the BEVs, another sustainable type of transport is gaining momentum - fuel cell vehicles (FCEVs). The proton-exchange fuel cells are used both in vehicles and in stationary power plants. The largest auto groups such as Toyota, Daimler, Hyundai have started selling fuel cell passenger vehicles, and the production of fuel cell buses is developing in China, Nornickel notes. Several cities in the PRC declared themselves the ‘hydrogen energy’ cities and introduced special measures to support hydrogen-fueled transport and power generation based on the hydrogen fuel. Toyota introduced the first potentially mass-produced hydrogen fuel cell electric car, Mirai, which generated electricity for itself, unlike the battery electric vehicles". "The use of platinum in the FCEV, as well as the anticipated increase in the number of vehicles using fuel cell technology, will increase the demand for platinum in the automotive industry."
"The plans to increase the number of fuel cell vehicles were announced in Japan, the PRC authorities plan to increase the number of such vehicles up to 50,000 by 2025 and 1 million by 2030. Considering that currently each fuel cell contains about 20 g of platinum, this industry can become one of the key consumers of the metal in the next 5 to 10 years, says Nornickel."
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