This month’s launch of the world’s first fuel cell double-decker bus is the latest example of platinum helping to power the world’s new clean air revolution.
The fuel cell bus was developed as a part of the European Union-funded joint initiative for hydrogen vehicles, which make use of platinum, hosted overwhelmingly by South Africa.
News of the double-decker launch in London coincides with China’s warm embrace of the new energy vehicles and Tokyo’s declaration of platinum-catalysed hydrogen fuel cell vehicles as the official transport providers of the 2020 Summer Olympic Games.
Leon Coetzer, Chief Executive Officer at Jubilee Metals said:
“Jubilee Metals has positioned itself well by producing both Platinum and Palladium which is a key component as catalyst to the fuel-cells and holds the potential to dramatically increase the world demand for both metals in a space where the supply of the metals are reducing as well as targeting the production of vanadium from its Zambian metals recovery project.”
Jubilee Metals Group plc (LON:JLP) is a diversified metals recovery company, focusing on the reprocessing of historical mine waste and surface materials. Their projects in South Africa include the Hernic Platinum Project, DCM Platinum & Chrome Project and the PlatCro Platinum Project.