Hydrogen Tech World December 2022 | Page 14

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Platinum group metals : an enabler for hydrogen , not a barrier

Proton exchange membrane ( PEM ) electrolysers and PEM fuel cells rely on platinum group metal ( PGM ) catalysts , notably platinum and iridium . Many see this as a challenge , given the rarity and value of the PGMs . In fact , if used efficiently , these metals will actually facilitate the development of a resilient supply chain . To understand why this is , let ’ s look at the PGM landscape and the implications for PEM technologies in more detail .
By Margery Ryan , Principal Strategy Analyst for PGM , Johnson Matthey
Established mining operations – extensive reserves
What is the platinum group ? It is a set of six precious metals – platinum , palladium , rhodium , ruthenium , iridium and osmium – that are close together on the periodic table and have a unique combination of useful properties that make them indispensable in their applications . They also occur in association with each other in mineral deposits . Most PGM mining occurs in its own right , although some PGM is also extracted as a by-product of mining for other metals ( notably nickel and copper in Canada and Russia ).
PGM mining is heavily concentrated in southern Africa , targeting igneous deposits in South Africa and
Zimbabwe that were formed two billion years ago by huge intrusions of magma from the Earth ’ s mantle that solidified below the Earth ’ s surface . These deposits are unique in their size , extending over 66,000 km 2 ( an area equivalent to Sri Lanka ), and in the quantity of PGMs they contain .
Around 80 % of the 190 tonnes ( approximately ) of primary platinum extracted every year comes from southern Africa . At the other end of the scale , 7 to 8 tonnes of iridium are mined every year , mainly as a minor by-product of platinum mining , and up to 95 % of annual iridium extraction occurs in southern Africa . On the face of it , this could look like a geopolitical risk . But let ’ s dig a little deeper .
Platinum supplies from southern Africa
South Africa Zimbabwe
6
Platinum supplies ( million oz )
5
4
3
2
1
0
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
Resilient mine supplies from southern Africa since 1990 ( matthey . com / pgm-demand-history )
14 Hydrogen Tech World | Issue 7 | December 2022