Platinum stocks are high around the world
Platinum supply will not inhibit hydrogen sector
High stocks and efficient automotive recycling sector mean FCEVs have high ceiling for growth
Platinum availability is unlikely to be a barrier to the deployment of a hydrogen economy, according to a recent white paper from UK technology company Johnson Matthey. Platinum is used in the manufacture of both proton-exchange-membrane (PEM) electrolysers and fuel-cells. Concerns over global supply chains in 2022 led the Biden administration to take action to secure domestic supply to support its growing hydrogen economy. The latest supply and demand data from the World Platinum Investment Council (WPIC) forecasts a record platinum market deficit of almost 1m oz in 2023. The deficit is a result of strong 28% year-on-year growth in demand in combination with a constrained outlook for supply
Also in this section
11 April 2025
Tariffs and other protectionist measures raise questions about China’s plans to export green fuels and electrolysers, despite its huge cost advantages
11 April 2025
German firm reserves site for three-phase project as developers flock to Europe’s latest green hydrogen hotspot
8 April 2025
Gulf Energy to provide AIQ with exclusive access to its proprietary datasets and industry-leading documents. ENERGYai is already trained on petabytes of operational data from ADNOC, and this agreement will provide the solution with access to even greater quantities of relevant, high-quality industry information
7 April 2025
SAF provides a viable offtake solution for hydrogen producers and benefits from regulatory mandates and strong political support, ensuring long-term demand at higher prices
