NY Times: Platinum Demand faces Impact from Electric Car Growth

 

nyt-t-logoThe New York Times just picked up my Reuters discussion from last week. Generally happy to see that the relevance of this movement is gaining foothold in people’s mind. They might have done without the letters “IPMI” in the title. While it’s true that I am the current IPMI chairman, this interview was a personal one and not an official statement by the institute. Here is the link. 

 

Here is the NASDAQ version of the same event.

And here is Yahoo’s version 🙂

Investing.com ….

Reuters Interview / Q&A on the impact of Hydrogen Fuel Cell vehicles on Platinum

Reuters BannerFuel cell electric vehicles (FCEV) vs. battery electric vehicles (BEV) – the precious metals industry is rightfully concerned about this battle. While FCEVs will utilize platinum in their fuel cells, BEVs need none, and each electric vehicle sold of either kind means that one less standard emission control catalyst has been sold. Reason for Reuters to inquire about the scale of the potential effects.

I sometimes feel like a doomsday prophet when I’m just tallying up statements and facts from people and governments in charge, that inevitably lead to one conclusion: electrification is near, and there is no sufficient hydrogen supply infrastructure to counter the expansion of electric charging.

Better to deal with the issue now than staring into an abyss a decade down the road. Precious metals, combined with rare earth elements and other “strategic” metals, are indispensable in making a sustainable planet a reality. So let’s focus on a vision for this world in 2040, and start working towards it.

To read a transcript of the Q&A session please click here.

Update: I just discovered the direct link to Reuter’s summary: click here to read.

IPMI’s Educational Videos on Precious Metals Sampling and Analysis

As promised, here is part two of the IPMI video collection. This four-part series is on precious metals sampling and analysis.

Part 1: The Basics

Part 2: Preparation and Pitfalls to Avoid

Part 3: Instrumental Methods for Pt, Pd, Rh and other PGMs

Part 4: Fire Assay Explained

Part 5: Wet Chemistry and Gravimetric Analysis