China becoming fuel cell electric vehicle leader, World Platinum research indicates

China becoming fuel cell electric vehicle leader, World Platinum research indicates: In what is a major plus for platinum demand and consequently South Africa’s local mining economy, China is poised to become a leading market for platinum-using fuel cell electric vehicles (FCEVs), which provide the zero-emission mobility that the world so desperately needs to combat rampant climate change. In addition, China’s plans to boost climate friendly green hydrogen generation are also supportive of FCEV penetration.

Hydrogen gaining traction globally

Hydrogen gaining traction globally: Notable progress is being made in the global hydrogen industry of late, owing to several conducive factors coming into play at the same time and this presents opportunities for different sectors to capitalise on. This was noted by global pure-play sustainability consultancy ERM partner Dr David Hart, during a discussion on hydrogen and fuel cells, hosted by finance institution Nedbank on October 14.

AngloGold targets 30% emissions reduction by 2030

AngloGold targets 30% emissions reduction by 2030: Gold mining company AngloGold Ashanti on Wednesday released a carbon emissions reduction target that aims to achieve a 30% absolute reduction in its Scope 1 and 2 greenhouse gas (GHG) emissions by 2030 through a combination of renewable energy projects, fleet electrification and lower-emission power sources. The Johannesburg- and New York-listed company, which has reduced its absolute GHG emissions by more than two-thirds since 2007, is committed to achieving net zero emissions by 2050.

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Platinum group metals demand lift from hydrogen momentum creating excitement

Platinum group metals demand lift from hydrogen momentum creating excitement: As a platinum group metals (PGM) producer, Impala Platinum is excited about the opportunity of hydrogen as a potential new demand source, says Impala Platinum executive new commodities Seten Naidoo. “The exciting component for us is actually the green hydrogen,” says Naidoo, who was speaking as a panel member at this week’s Hydrogen Economy Discussion.

Major platinum mining company planning 520 MW renewable generation

Major platinum mining company planning 520 MW renewable generation: Platinum group metals mining and marketing company Implats is planning to introduce 520 MW of renewable power as part of an ambition to reduce its carbon footprint by 30% by 2030 and become carbon neutral in 2050. The current carbon generation of the Johannesburg Stock Exchange-listed company is about 3.3-million tons of carbon a year, which it aims to reduce to 2.2-million tons, a saving of 1.1-million tons.

China gives platinum major boost with launch of PGMs centre in Shanghai

China gives platinum major boost with launch of PGMs centre in Shanghai: In what is a major boost for platinum group metals (PGMs), a new trade and technology centre dedicated to the growth of the PGMs market is being established in China, already the single largest consumer of PGMs, accounting for more than 25%  of total demand. Anglo American, Honeywell and the World Platinum Investment Council (WPIC) were among close to 70 organisations that signed strategic cooperation agreements with the Lin-Gang Group and other related parties in support of the Platinum and Precious Metals Centre or PPMC, which is being established in the Lin-Gang Special Area of Shanghai. The Lin-Gang Group is a state-owned developer of industrial parks.

BVian's ACTIVE Stock and Share Trading Ideas: Forward Looking Ideas.

BVian's ACTIVE Stock and Share Trading Ideas: Forward Looking Ideas.:   Resource Stocks climbed quite nicely as the word recovered from the Covid scourge.How ever the Ukraine war did not cause much slow down in...

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Platinum could see at least 400 000 oz/y of demand from green hydrogen sector

Platinum could see at least 400 000 oz/y of demand from green hydrogen sector: The World Platinum Investment Council (WPIC) finds in its Platinum Perspectives August 2022 research that platinum’s role in enabling the achievement of global decarbonisation targets could be highly significant, given its use in proton exchange membrane (PEM) electrolysers. In turn, PEM electrolysers, when powered with renewable energy, generates green hydrogen. The WPIC explains that zero-emissions green hydrogen is an energy carrier that can be used in a range of applications to replace fossil fuels.

President’s new energy plan opens way for Glencore Alloys to target bigger power projects

President’s new energy plan opens way for Glencore Alloys to target bigger power projects: Glencore Alloys head Japie Fullard has hailed the new energy plan announced by President Cyril Ramaphosa as opening the way for the company to target bigger power projects. “I must say that the President’s energy presentation is definitely something that is appealing to us,” said Fullard, who welcomed the removal of the 100 MW cap, as well as clarity around the ‘wheeling’ of renewable energy back on to the grid.

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Electricity reforms to spur ‘boom in private fixed investment’

Electricity reforms to spur ‘boom in private fixed investment’: Minister in the Presidency Mondli Gungubele says the reforms under way in the electricity sector – including the removal of the 100 MW licensing threshold for distributed generation projects and the expedited procurement of new capacity from renewables, gas and battery storage – will “supercharge our efforts to modernise and transform the electricity sector”. “Most importantly, these changes will create the conditions for a boom in private fixed investment in the coming years, which will lift our economic growth overall,” Gungubele said during the release of Operation Vulindlela’s latest progress update.