What's Happening?
Johnson Matthey, Sibanye-Stillwater, and Valterra Platinum have announced a collaborative program to develop new technologies using platinum group metals (PGMs). This initiative aims to expand the applications of PGMs beyond their traditional use in catalytic converters. The collaboration will explore technologies in sectors such as clean hydrogen, emissions reduction, and advanced materials. The program seeks to leverage the unique properties of PGMs to create innovative solutions that support the global economy and the PGM industry.
Why It's Important?
This partnership is significant as it addresses the need for sustainable and innovative uses of PGMs, which are critical to various industries. By exploring new applications, the collaboration could lead to increased
demand for PGMs, benefiting mining companies and contributing to economic growth. The focus on clean technologies aligns with global efforts to reduce emissions and transition to sustainable energy sources. This initiative could also enhance the competitiveness of the PGM industry by diversifying its applications and markets.
