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“Clean hydrogen should be for everyone, powering everything, and available everywhere,” Jay Chang, president and CEO of Hyundai Motor Company, said in a statement.

Global industrial demand for silver in 2023 is expected to set a record leading to another big market deficit, according to preliminary projections by the Silver Institute. And silver isn't currently priced for this dynamic.

Gold prices fell to a three-week low on Monday, pressured by dollar strength and elevated Treasury yields as expectations for an imminent Federal Reserve rate cut faded, with investors looking ahead to this week’s U.S. inflation data for more clarity.

The Key Insights: These factors will create profound and certain—yet mostly unrecognized—demand pressure on physical silver markets in the coming years.
1. Photovoltaic panel demand growth is driven by economics now in a self-reinforcing process.
2. Photovoltaic panel production capacity is immense and growing.
3. Each Gigawatt (GW) of solar panel capacity requires about 700,000 troy ounces of ...

Heraeus

Heraeus Precious Metals’ Hydrogen Systems business provides a range of precious metal-based products for electrolyzers and fuel cells, in particular electrocatalyst solutions for next-generation applications, according to the company. In addition to precious metals, it will supply an array of technologies and the respective production capacities for the recovery of precious metals from production ...

The methanol-powered dual-fuel container ship, Laura Maersk, in Copenhagen on 14 September 2023.Photo: Maersk

2024 BEGINS with record-high gold prices meeting the weakest level of private investing since the precious metal's deep bear market of a decade ago, writes Adrian Ash at BullionVault, while silver sentiment just fell to the lowest on record.

2024 BEGINS with record-high gold prices meeting the weakest level of private investing since the precious metal's deep bear market of a decade ago, writes Adrian Ash at BullionVault, while silver sentiment just fell to the lowest on record.

Cummins Engine

Cummins Inc. has agreed to pay an over $1.67 billion penalty to settle claims by regulators that the engine manufacturer unlawfully altered hundreds of thousands of pickup truck engines to bypass emissions tests.
According to the U.S. Justice Department, which announced the agreement in principle Thursday, Cummins' alleged actions violated the Clear Air Act — a federal law that requires car and ...

Catalytic converter thefts are down across the St. Louis region

London’s gold price benchmark climbed to an all-time high of $2,069.40 per troy ounce, surpassing the previous record set in August 2020, the London Bullion Market Association said.

The probability of interest rate cuts has many market participants pondering whether 2024 will bring a bull market for precious metals.

Palladium has experienced a dramatic decline of 64% since March 2022, a stark reversal from the 256% bull trend that began in August 2018.
In contrast to palladium's bearish trend, gold has been on the rise, reaching new record highs, including a brief peak at $2146 this month.
Palladium has shown signs of recovery with a 31% surge from its recent support level.

Mitsubishi Materials

Metals producer Mitsubishi Materials purchased a stake in a startup working to build a smelter in Indiana. Meanwhile, the company unveiled plans to substantially increase its e-scrap recycling capacity in Japan.

Electric Hydrogen only offers one product: a standardised 100MW pre-fabricated green hydrogen plant, which integrates both the electrolysers and surrounding balance-of-plant equipment, such as water treatment and thermal management.

"You’ve probably read about the fact that we’re selling 1-ounce gold bars," Richard Galanti, the chief financial officer of the wholesale retailer, said Thursday evening. "We sold over $100 million of gold during the quarter."

Small ruthenium particles and a solar-powered system for water electrolysis can produce green hydrogen more efficiently and cheaply.

The fuel cell plant inaugurated by Symbio is the Group’s first gigafactory.

Acquisition adds smelting capability to serve spent automotive catalyst customers in Europe, Middle East and Africa. Complements ECMS recycling operations and global precious metal services. Broadens range of materials that can be processed by ECMS. Closing of transaction expected in early first quarter 2024.

The US Treasury’s guidance for clean H2 producers to claim the top $3/kg rate of the H2 production tax credit could be even stricter than EU regulations, based on details of a leaked draft reported in Politico and Bloomberg.

Spot gold prices rose to a record high above $2,100 per ounce before giving up some gains.