After 50 years of scrubbing the emissions from fossil-fueled transportation and industry, platinum group metals are finding new roles as catalysts for the transition to a low-carbon energy future.
“Platinum group metals (PGM) are critical for today’s energy sector industrial base and will play a key role in tomorrow’s decarbonized economy,” U.S. Department of Energy inked in an informational brochure on these transitional metals, also known as platinum group elements.
PGMs – platinum, palladium, rhodium, ruthenium, iridium, and osmium – have a long list of attributes that make them indispensable to global industries. These characteristics include exceptionally high resistance to wear, tarnishing, and chemical attack; the ability to endure high temperatures; and excellent electrical stability. It is the catalytic properties of this group of metals, however, that scrubbed the exhausts from fossil-fueled energy of the 20th century and are being used to create cleaner fuels for the low-carbon energy future that lies ahead.
Jubilee Metals Group plc (LON:JLP) is a diversified metal recovery business with a world-class portfolio of projects in South Africa and Zambia. The Company’s expanding multi-project portfolio across South Africa and Zambia provides exposure to a broad commodity basket including Platinum Group Metals, chrome, lead, zinc, vanadium, copper and cobalt.