With South Africa holding 63,000 of the world’s estimated 69,000 metric tons of platinum reserves – according to the Statista.com website – and Russia and Zimbabwe a further 5,100 between them, the European Commission has cited the metal as an example of a potential supply chain bottleneck that could handicap its grand plans for renewables-powered hydrogen production.
Oxfordshire-based Oxis Energy says it will produce the less flammable devices sought by the aviation industry using the same manufacturing processes as those used to make lithium-ion and conventional-lithium-sulfur products.
Renewable electricity will be linked to 90% of the actions needed to remove carbon emissions in 2050, according to the International Renewable Energy Agency, and the biggest volume of generation capacity will be provided by solar.
By considering use of the metal in charging infrastructure, analyst Wood Mackenzie has found higher demand from the mobility sector than is the case if only the volume of the material required for vehicle construction is examined.
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