Platinum given major boost by EU backing green hydrogen generation in South Africa
South Africa’s world-leading platinum group metals (PGM) endowment received a major boost when European Commission President Ursula von der Leyen referred specifically to clean energy and green hydrogen forming the main part of this week’s R94-billion (€4.7-billion) new investments package at the EU-South Africa Summit in Cape Town. Amid annual trade between South Africa and the EU being close to the €50-billion, with 98% of South African exports to the EU being duty- and quota-free, Von der Leyen spoke of beneficiation of South Africa’s metals and minerals that would be required and of the creation of quality South African jobs.
South Africa’s world-leading platinum group metals (PGM) endowment received a major boost when European Commission President Ursula von der Leyen referred specifically to clean energy and green hydrogen forming the main part of this week’s R94-billion (€4.7-billion) new investments package at the EU-South Africa Summit in Cape Town. Amid annual trade between South Africa and the EU being close to the €50-billion, with 98% of South African exports to the EU being duty- and quota-free, Von der Leyen spoke of beneficiation of South Africa’s metals and minerals that would be required and of the creation of quality South African jobs.
