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Platinum is already very well embedded as an indispensable catalyst in the hydrogen fuel cell electric vehicle (FCEV) technology that very impressively powered the Toyotas that chauffeured delegates during last week's B20 and G20 global summits in Johannesburg.

Now, the precious metal that South Africa hosts in greater abundance than any other country on earth could also find that its remarkable catalytic qualities are utilised by battery electric vehicles (BEVs) as well.

This is because platinum group metals (PGMs) have been found by Florida International University to be able to extend the life of lithium-sulphur batteries for the betterment of not only sustainable mobility but also for renewable-energy storage, and to have potential to be a significant efficiency and sustainability boost for electricity grids as well.

New York- and Toronto-listed Platinum Group Metals Limited reiterates this in its latest 2025 annual results, in which the Canada-based company makes clear that it is continuing to advance the use of PGMs in lithium battery technologies by way of Lion Battery Technologies, which is highlighting the benefits that PGMs can bring to the lithium battery space.

Interestingly, Platinum Group Metals Limited spelt out in a media release to Mining Weekly that it is also continuing to take the Waterberg project on the northern limb of South Africa's PGM-rich Bushveld Complex in Limpopo province towards a development and construction decision.

While this is underway, the company, headed by CEO Frank Hallam, is continuing to collaborate with an affiliate of South Africa's Johannesburg Stock Exchange-listed Valterra Platinum and Florida International University to take PGMs to the next level. Valterra, it should be noted, is the company that last week chauffeured B20 and G20 delegates around Johannesburg in Toyota Mirai cars, which are FCEVs.

Valterra led a mine-to-market FCEV display, which involved South Africa's Sasol providing the hydrogen, Air Products dispensing the hydrogen, Bambili Energy providing the South Africa-manufactured membrane electrode assemblies for the fuel cells, and Bosch, providing the fuel cells.

On top of this, it is envisaged that the use of PGMs in BEVs will be achieved by allowing the catalytic contribution of PGMs to extend the life of lithium-sulphur batteries significantly, through the addition of nanoparticles of platinum to the sulphur side of the battery so that the tiny particles can work at molecular scale to ensure a cleaner, greener and healthier tomorrow.

This comes against the background of diversified demand for PGMs having already extended well beyond the automotive, jewellery, investment, and hydrogen sectors into the fibreglass, semiconductor, health and even food preservation sectors in what many see as "only the beginning".

Interestingly, research and development by Florida International University is repeatedly pointing to the lighter weight and higher energy density of lithium-sulphur batteries as important competitive advantages engendered by PGMs.

"The unique properties of PGMs as powerful catalysts are being applied to various technologies as possible solutions for more efficient energy generation and storage, which may create new demand for PGMs.

"The company's battery technology initiative through Lion with partner Valterra represents one such new opportunity in the high-profile lithium battery research and innovation field," Platinum Group Metals Limited stated, while also pointing out that the investment is creating a vertical integration with a broader industrial market development strategy to bring new PGM-using technologies to market.

Lion's reiterated target is to develop batteries with specific energies that are 20% to 100% higher than current...