It is one of the mining industry’s potentially bigger hot spots and contains the largest reserves of platinum group metals in the world
World’s largest reserve of platinum group metals could become one of mining industry’s bigger hot spotsIn the mining industry there are few bigger hot spots than SA’s Northern Limb, which contains the largest reserves of platinum group metals in the world. According to current estimates, there are enough platinum group deposits in the area to supply the world’s demand for decades to come.
PGMs are critical because they’re used as catalysts in electrolysers, which split water into hydrogen and oxygen, and fuel cells, which produce clean energy. Electrolysers are needed to produce green hydrogen, which can ultimately decarbonise sectors such as chemicals, agriculture , aviation , and steel .
These studies, and the NL4D research project as a whole, drive Anglo American’s efforts to better understand the geology of the area. This research will lead to environmentally sustainable exploration, mining, and processing of PGMs as exploration and mining activities in the Northern Limb increase.
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