CO2 targets also require hydrogen and fuel cells

Not only in the transport sector, but also in industry and energy, hydrogen technology will be one of the green energies without which climate change will not work. The potential applications of electromobility are great, yet there are areas where fuel cell technology and hydrogen are better suited. This is definitely true for long-distance transport. Shipping and rail transport can benefit just as much as, for example, the steel industry, heat and power production, or food production.

So-called electrolysers are used to produce hydrogen; they require the precious metal platinum, which is otherwise used for auto catalysts in diesel engines. Over the course of the year, the price of platinum increased by around eleven percent. Price fluctuations between highs and lows were 44 percent for platinum over the course of 2022. That a hydrogen infrastructure still needs to get off the ground is clear. Nevertheless, the topic of hydrogen is more explosive than ever, because energy dependencies and high energy prices have shown that the answer to climate change involves several aspects, including hydrogen.

Investments are already being made in this area. Sibanye-Stillwater – https://www.commodity-tv.com/play/mining-newsflash-with-vizsla-silver-torq-resources-first-tin-sibanye-stillwater-and-mawson-gold/ -, for example, has the necessary platinum, along with palladium and gold. The company produces these raw materials in Africa and in the USA. In addition to platinum, uranium for nuclear power plants is also enjoying growing popularity – albeit less so in this country, but in very many regions of the world. This is because nuclear power plants also provide CO2-friendly energy.

The necessary uranium is available, for example, in the famous Athabasca Basin in Saskatchewan. IsoEnergy, among others, is located there with excellent uranium projects.

Latest corporate information and press releases from IsoEnergy (- https://www.resource-capital.ch/en/companies/iso-energy-ltd/ -) and Sibanye-Stillwater (- https://www.resource-capital.ch/en/companies/sibanye-stillwater-ltd/ -).

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