Platinum is increasingly being seen as a key metal for the green economy, thanks to its unique properties and critical role in emerging clean technologies. Unlike traditional metals used mainly in jewelry or industry, platinum has special qualities that make it essential for reducing carbon emissions and supporting sustainable energy solutions.
One of the most promising uses of platinum is in the hydrogen economy. Hydrogen fuel cells, which convert hydrogen into electricity with water as the only byproduct, rely heavily on platinum as a catalyst. This makes platinum indispensable for producing clean energy vehicles and power systems that emit no greenhouse gases. As countries push to transition away from fossil fuels, demand for hydrogen technology—and thus platinum—is expected to grow significantly.
South Africa plays a crucial role here because it holds about 80% of the world’s supply of platinum group metals (PGMs), including around 40% of global platinum reserves. This geographic advantage positions South Africa at the forefront of benefiting economically from green hydrogen production and related industries. The development of green hydrogen not only supports cleaner energy but also promises job creation in mining and manufacturing sectors tied to these metals.
Beyond fuel cells, platinum is also used in other green technologies such as chemical catalysts that help reduce harmful emissions during industrial processes and glassmaking techniques that improve energy efficiency. These applications contribute further to lowering environmental impact across various sectors.
Investors are taking note too—platinum offers both short-term value due to its relative scarcity compared with other precious metals like palladium, and long-term potential linked directly to global decarbonization efforts. As governments worldwide commit more resources toward sustainability goals, metals like platinum become strategic assets driving this transformation.
In summary, while many materials contribute to building a greener future, platinum stands out because it combines rarity with vital functionality in cutting-edge clean technologies—especially those centered on hydrogen fuel cells—which are poised to play an essential role in achieving net-zero emissions globally. Its unique position within both natural resource availability and technological necessity makes it one of the most promising metals powering tomorrow’s sustainable economy today.