https://www.engineeringnews.co.za
Automotive|Copper|Energy|Engines|Industrial|Power|Solar|Technology|Water|Products
Automotive|Copper|Energy|Engines|Industrial|Power|Solar|Technology|Water|Products
automotive|copper|energy|engines|industrial|power|solar|technology|water|products

Nornickel and Chinese partners seek place for palladium in energy transition

5th December 2023

By: Reuters

  

Font size: - +

Russian metals giant Nornickel has teamed up with some of its Chinese clients to test new catalysts for the hydrogen industry as it seeks to find a place for palladium in the global green energy transition, its head of product development told Reuters.

Palladium prices are down 46% this year, partly on bets on surpluses as battery powered electric vehicles, which do not need the metal, reduce demand from the automotive sector.

The use of palladium in catalytic converters to reduce harmful emissions from internal combustion engines currently accounts for 80% of global demand for the metal.

Nornickel is performing "wide fundamental research together with Russian and foreign scientists" to replace the eventual loss of autocatalysts with new demand, Dmitry Izotov said on a call with Reuters while he attended the COP28 summit in Dubai.

Copper and some other metals are widely expected to benefit from a global move towards more environmentally friendly energy options. Palladium does not yet have a significant role in that future. But Nornickel, which mines 40% of the world's palladium, is trying to change that.

The envisaged new products could add 40 metric tons of global demand for palladium by 2030, offsetting a surplus of 10 t to 20 t owing to the expected reduction in consumption by the automotive industry by the same year, Izotov said.

So far, Nornickel and its Chinese partners have been conducting semi-industrial tests of palladium-based catalysts for the hydrogen industry's water electrolysis and fuel cell technology, Izotov said. The tests are due to be completed in the first quarter of 2024.

Tests of palladium-based catalysts for the chemicals industry will start in the second quarter while Nornickel itself will focus on development of a palladium-based photocell coverage for the solar power sector.

Nornickel is not the only metals miner searching for technologies that would use more of its metal in future. Refiner Heraeus and miner Sibanye Stillwater in November presented a ruthenium-based catalyst to reduce reliance on iridium in hydrogen production.

Izotov did not name Nornickel's partners in China, the world's top metals consumer, but said they include producers of electrolysers and fuel cells.

Edited by Reuters

Comments

Showroom

Weir Minerals Africa and Middle East
Weir Minerals Africa and Middle East

Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...

VISIT SHOWROOM 
Showroom image
Alcohol Breathalysers

Supplier & Distributor of the Widest Range of Accurate & Easy-to-Use Alcohol Breathalysers

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.073 0.127s - 160pq - 2rq
Subscribe Now