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The Vang family was part of a nationwide catalytic converter theft ring that ceased operations in October of 2022 after authorities coordinated a takedown of thieves, dealers and processors over a $600 million sale to a metal refinery. (Matt: Processor w/zero KYC “Know Your Customer” infrastructure leads to you being a magnet for criminals. Is DG Auto is the only one using you?)

Six people who ...

A new ternary alloy catalyst (Cu-Au-Pt) was developed that is not only cheaper but also performs more than twice as efficiently as traditional platinum catalysts. The novel catalyst uses just 37% platinum and shows remarkable durability, with little degradation even after 5,000 stability tests.

US President Joe Biden’s administration is seeking to strengthen controls on selling graphics chips for artificial intelligence (AI) applications and advanced chipmaking equipment to Chinese firms, the people said, asking not to be named because the rules are not yet public.

Demand for green hydrogen will skyrocket in the EU after the 27 member states finally approved the long-gestating Renewable Energy Directive, which includes mandatory usage targets for renewable H2 and its derivatives (known in EU parlance as Renewable Fuels of Non-Biological Origin, or RFNBOs).

H2 hubs that were selected to receive $7 billion in Infrastructure Law funding for low-cost, clean H2.

PGM would recover 15% to 20% their current price levels as “some of the floor” in the basket price had been reached, said Craig Miller, CEO of Anglo-American Platinum (Amplats).

While risks are very much to the downside in the near-term, our outlook is positive longer-term.
We expect gold to trade in the U$2,100s in the first half of next year.

"Significant restructuring" is very likely in the platinum sector of the world's top supplier of the metal as miners try to stay profitable, said Neal Froneman.

Gold prices edged lower for a ninth straight session on Thursday, as U.S. data indicating tight labor market conditions raised worries about the Federal Reserve keeping interest rates higher for some time.

Toshiba Energy Systems & Solutions Corporation announced today that it has agreed a memorandum of understanding with Furuya Metal Co. on exploring an alliance to establish a stable supply network for iridium. One of the world's rarest metals, iridium is an essential material for the manufacture of PEM used in water electrolyzers that produce H2. The projected alliance will reinforce the metal's ...

As part of Umicore’s goal to reach carbon neutrality by 2035, the Group signed three long-term power purchase agreements (PPAs) using renewable wind energy --- one PPA to power Europe’s first cathode materials plant in Poland and two PPAs to power its sites in Belgium, which is home to two of Umicore’s largest sites in the world.

Beginning Aug. 1’23, China has imposed export restrictions on gallium (Ga) & germanium (Ge) products.
In fact, China has been signaling that it may restrict the export of rare earth minerals to the United States as the trade conflict between the two countries escalates.

Nikola says its ground-breaking H2 fuel cell electric truck features a range of up to 500 miles and an estimated fueling time as low as 20 minutes. This truck is expected to have among the longest ranges of all commercially available zero tailpipe emission Class 8 trucks.
Progressing steadily towards its strategic goals, Nikola and its dealers have received 223 non-binding orders for its H2 fuel ...

"Silver might see its biggest deficit in over a decade as mining production cannot keep up with demand. The solar industry has seen surging demand," he added.
The silver market was undersupplied by 237.7 million ounces in 2022, according to the Silver Institute, and deficits are set to continue in the years to come. However, huge above-ground stocks and quantities of metal held by individuals and ...

• Concerns surrounding higher-for-longer interest rates, a lack of speculative appetite, weakening physical demand amid Chinese economic weakness, and slowing US growth, suggest the silver market is set to be looser than the projected 110Moz annual deficit this year. High carry costs and elevated lease rates should see more metal pushed onto the market, loosening primary markets. This will be ...

▪ Four different platinum loadings (0.05 up to 0.3 mgPt cm-2) of the cathode catalyst layer were used to study the durability of PEMFC electrode-membrane assemblies. This study was based on a multiple stressor accelerated stress test targeting the membrane and the electrodes.
▪ In terms of initial performance, low-Pt loading (≤ 0.1 mgPt cm-2) cathodes exhibit lower oxygen reduction activity than ...

• The World Platinum Investment Council (WPIC) reports that automotive demand for platinum this year will reach its highest level since 2017 and now forecasts a platinum deficit of over one million ounces for 2023.
• WPIC said that “strong” automotive demand growth is a key factor behind the widening deficit of platinum, in addition to industrial demand growth to record levels, and flat supply. ...

The Biden Administration could help reduce mining costs by shortening the mine permitting process. But it has yet to seize the enormous opportunity offered by enactment of the Infrastructure, Investment and Jobs Act, which has provisions that would make permitting easier. Instead, it has put off implementing the changes and shown no interest in the need for further action by Congress to simplify ...

Unravelling of relationship between gold and real interest rates could be a paradigm shift.

Spain presented a compromise text that would keep Euro 6 test conditions and emissions limits for cars and vans, but they will be lower for heavy trucks and buses.

Indians will probably sell a record amount of used gold jewelry this year to take advantage of a surge in domestic prices of the precious metal, according to the World Gold Council.