Climate neutrality requires investments and raw materials
(PresseBox) - An important issue in advancing battery-powered or hydrogen-powered vehicles is cost.
For car buyers, the purchase price and the availability of a sufficient amount of refueling options are important. Financial incentives from governments help here. Canada, for example, is focusing strongly on electromobility. Canada s 2022 budget sets out a series of investments for electromobility. These include purchase incentives for heavy and medium-duty e-vehicles as well as raw materials and infrastructure expansion. This is based on the fight against climate change and the end of combustion engines in 2035. And it is not only purely battery-powered vehicles that are conquering the market; the fuel cell is also set to gain ground, especially in trucks. Because that s where it s particularly effective.
For hydrogen in particular, infrastructure, i.e. transport and storage, must be provided for industrial applications alone. Fuel cells need platinum. Palladium is used primarily in catalytic converters for gasoline engines. After the London Platinum and Palladium Market (LPPM) recently removed two state-owned Russian refineries from the Good Delivery List, supply is tightening. Palladium and platinum, for example, are produced by Sibanye-Stillwater - https://www.youtube.com/watch?v=Eq9yX508m9s - at its operations in South Africa, Zimbabwe and the United States. The company is also becoming increasingly involved in battery metals such as lithium.
The lithium-ion batteries of electric vehicles need cobalt as well as lithium. Here, too, demand is forecast to rise. Mawson Gold - https://www.youtube.com/watch?v=CUWlpDzhTvw -, for example, has this important raw material in addition to gold at its Rajapalot project in Finland. It is wholly owned by the company and an initial preliminary evaluation (PEA) has been initiated.
Current corporate information and press releases from Sibanye-Stillwater (- https://www.resource-capital.ch/en/companies/sibanye-stillwater-ltd/ -) and Mawson Gold (- https://www.resource-capital.ch/en/companies/mawson-gold-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/
Unternehmensinformation / Kurzprofil:
Datum: 12.04.2022 - 10:18 Uhr
Sprache: Deutsch
News-ID 658457
Anzahl Zeichen: 0
contact information:
Town:
Herisau
Kategorie:
Internet
Diese Pressemitteilung wurde bisher 184 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Climate neutrality requires investments and raw materials"
steht unter der journalistisch-redaktionellen Verantwortung von
Swiss Resource Capital AG (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
