Platinum acts as a catalyst in fuel cells and thus benefits from the green revolution.
Above all, countries such as China and India are focusing on hydrogen technology, which can be used particularly effectively in heavy-duty transport. The white metal could therefore become an extremely sought-after raw material. After all, hydrogen can be an important component of the energy transition. There are also already signs of a supply deficit, which will have an impact on the price of the metal. There are different opinions about the size of the deficit. In any case, last year's supply surplus has turned into a deficit. Green hydrogen production could require the equivalent of 2.7 million ounces of platinum by the end of the decade, according to forecasts by the World Platinum Investment Council (WPIC).
Total demand for platinum has increased by about one million ounces compared to last year. Twelve percent of this comes from the automotive industry and about 17 percent from other industries. Overall, around 40 percent of platinum demand comes from the auto industry. Palladium is increasingly being replaced by platinum in catalytic converters for gasoline engines. Incidentally, around 40 percent of platinum comes from Russia.
Sibanye-Stillwater - https://www.commodity-tv.com/ondemand/companies/profil/sibanye-stillwater-ltd/ - is a big player in platinum (also palladium and gold). Its projects are located in South Africa and in North and South America. So, an investment in Sibanye-Stillwater might not be a bad idea.
Or you can bet on a slightly different company in the mining business, Queen's Road Capital Investment - https://www.commodity-tv.com/ondemand/companies/profil/queens-road-capital-investment-ltd/ -. It is a financing company that makes investments in resource companies. Particular emphasis is placed on companies that are either already producing or about to produce and are located in safe countries.
Current corporate information and press releases from Sibanye-Stillwater (- https://www.resource-capital.ch/en/companies/sibanye-stillwater-ltd/ -) and Queen's Road Capital Investment (- https://www.resource-capital.ch/en/companies/queens-road-capital-investment-ltd/ -).
In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.
Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 - 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/en/disclaimer/
Above all, countries such as China and India are focusing on hydrogen technology, which can be used particularly effectively in heavy-duty transport. The white metal could therefore become an extremely sought-after raw material. After all, hydrogen can be an important component of the energy transition. There are also already signs of a supply deficit, which will have an impact on the price of the metal. There are different opinions about the size of the deficit. In any case, last year's supply surplus has turned into a deficit. Green hydrogen production could require the equivalent of 2.7 million ounces of platinum by the end of the decade, according to forecasts by the World Platinum Investment Council (WPIC).
Total demand for platinum has increased by about one million ounces compared to last year. Twelve percent of this comes from the automotive industry and about 17 percent from other industries. Overall, around 40 percent of platinum demand comes from the auto industry. Palladium is increasingly being replaced by platinum in catalytic converters for gasoline engines. Incidentally, around 40 percent of platinum comes from Russia.
Sibanye-Stillwater - https://www.commodity-tv.com/ondemand/companies/profil/sibanye-stillwater-ltd/ - is a big player in platinum (also palladium and gold). Its projects are located in South Africa and in North and South America. So, an investment in Sibanye-Stillwater might not be a bad idea.
Or you can bet on a slightly different company in the mining business, Queen's Road Capital Investment - https://www.commodity-tv.com/ondemand/companies/profil/queens-road-capital-investment-ltd/ -. It is a financing company that makes investments in resource companies. Particular emphasis is placed on companies that are either already producing or about to produce and are located in safe countries.
Current corporate information and press releases from Sibanye-Stillwater (- https://www.resource-capital.ch/en/companies/sibanye-stillwater-ltd/ -) and Queen's Road Capital Investment (- https://www.resource-capital.ch/en/companies/queens-road-capital-investment-ltd/ -).
In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.
Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 - 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/en/disclaimer/
