PLATINUM ( 2 SHADES OF GREEN ) Junior Explorer with Platinum ? - but platinum is not the front runner ?
- upto 40% plat group clings to magnetite
- MET studies never fully pills plat group from magnetite = max value ?
How important is platinum ? - severely under priced - one of the most important green metals
- platinum can make hydrogen 17x faster - even used with PEM tech
- green hydrogen could produce refridgerant tech
- refridgerent tech could be used on co2 fumes to drop out carbon
- carbon gas becomes soot and oxygen escapes to atmoshpere
= platinum one of the most important metals
Energy transition to trigger huge growth in platinum for hydrogen
Platinum will be key to making clean hydrogen technologies competitive –
but the rush to acquire it is set to pile pressure on limited supplies.
Platinum, a metal more than 30 times rarer than gold, has emerged as a critical mineral in the global energy transition. The energy transition calls for a transformation that will leave no sector untouched. The transition requires renewable power to expand rapidly along with supporting infrastructure: grid-scale batteries, electrolyzers, EV chargers, and more.
This is already stoking demand for certain metals, often referred to as critical minerals or energy transition metals. Platinum, among the rarest of these, is invaluable in making electrolyzers and fuel cells cost competitive. But if supply – currently extremely limited – cannot be increased to meet demand, it could pose a challenge to the transition.
Unlocking clean hydrogen
Platinum’s role in the energy transition could lie in making clean hydrogen technologies commercially viable.
Clean hydrogen can be made from decarbonized gas or manufactured using an electrolyzer powered by renewables, to split water into hydrogen and oxygen. There are various types of electrolyzer on the market today, but according to the IEA, hydrogen project developers are increasingly favoring proton exchange membrane (PEM) electrolysis, which is more efficient than alternatives such as alkaline electrolysis. Many PEM electrolyzers use platinum to make extremely high-performance catalysts.
Hydrogen has the potential to displace carbon-intensive fuels, transforming industries that are difficult to decarbonize, including steelmaking and heavy-duty transport. Clean hydrogen remains comparatively expensive, however. When made from renewables, the cost is estimated at €3 to €8/kg compared with €1 to €2/kg for fossil fuel-derived hydrogen. Today, it only makes up a sliver of the overall hydrogen market (0.04 percent in 2021). The efficiency and longevity of platinum-based PEM electrolyzers could therefore play an important part in pushing down the cost of clean hydrogen.
But this precious metal will be more useful in the energy transition in more ways than one. Platinum – already used to reduce transport emissions with catalytic converters in cars – is also found in PEM fuel cells. These operate like PEM electrolyzers in reverse to combine hydrogen and oxygen, also using platinum as a catalyst.
Read More - https://www.ief.org/news/energy-transition-to-trigger-huge-growth-in-platinum-for-hydrogen 17 million shares traded yesterday. Are we seeing a power shuffle ?
How are our Canadian critical metals relations now with US ?
Both sides trust each other ?
Lotta easy cheap shares since 2016 / 2017
If the change up
did not occur in, 2015 / 2016
how would Wellgreen look today ?
- No Quill ?
- Less shares outstanding - higher valuation ?
- UG mine included in resource ?
- Deep pit models ?
- No upper / lower hole ( full intercept ) resource calc ?
- Exotics included ?
- Better suited extraction ?
- Iron credit included - injecting billions into pfs as peers do ?
- MET studies pulling out plats - max value ?
- Titanium + Chromium ?
- Front plats with a hydrogen / co2 green tech spin ?
= What would Wellgreen be worth ? Imagine having lots of platinum, but...
tinkers with co2 + magnesium ?
lol
Anglo should've set eyes on, Wellgreen instead of, Timmins.
Take away the junior's iron credit = Timmin's junior is in the negative.
Tack on 45% ( royalties + first nations ) - and they'd wish they'd have the
numerous other metals such as Wellgreen has for, - derisk back up. Cheers....