Harnessing Hydrogen Economy to Fuel Demand for Platinum Group Metals

Thursday, 12 September 2024, 17:21

Hydrogen economy is poised to become essential for platinum group metals (PGMs) demand. This development indicates significant growth potential for palladium and rhodium. The robust medium-term outlook for PGMs underscores their role in future energy solutions.
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Harnessing Hydrogen Economy to Fuel Demand for Platinum Group Metals

Hydrogen Economy and Platinum Group Metals

The hydrogen economy is gaining momentum, highlighting its critical role in future demand for platinum group metals (PGMs). The latent potential for PGMs like palladium and rhodium stems from their applications in clean energy technologies. As governments and industries push for sustainable alternatives, the necessity for these metals will soar.

Forecasting Future Demands

  • Hydrogen production and storage require PGMs, driving growth.
  • Palladium remains crucial for emissions control technologies.
  • Rhodium is vital for catalysts in hydrogen production.

This forecast suggests a remarkable medium-term demand for PGMs, firmly linking them to the energy transition and hydrogen initiatives.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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