News Listing

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.

BNEF Solar PV Installations

BNEF states 2023F installations ae 413GW, which is exactly double the installations in 2022. Silver consumption in solar has skyrocketed in 2023 to 288Moz, or 25% of global silver supply.