Hydrogen and uranium for climate change
(PresseBox) - Hydrogen could become an energy source for the future. Currently, nuclear power plants are also necessary.
More than 150 years ago, Jules Verne wrote that water was the coal of the future. Water that is broken down by electric current is the energy of tomorrow. Water is therefore the oil of the 21st century. Using renewable energies such as wind and solar power to produce energy in any quantity is still a pipe dream. But efforts are underway, future suppliers are being sought and research is being driven forward. In Germany, the future technology is being driven forward with the national hydrogen strategy. Hydrogen seems particularly suitable for use in industry, trucks, ships and air traffic. The electrolysers required for hydrogen production need platinum. This is produced, for example, by Sibanye-Stillwater - https://www.commodity-tv.com/play/mining-newsflash-with-vizsla-silver-torq-resources-first-tin-sibanye-stillwater-and-mawson-gold/ -, along with palladium and gold. The company's projects are located in the USA and Africa.
Independence from fossil fuels is the goal. But there is still a long way to go before hydrogen can be used as a substitute for gas, oil and coal. One raw material that, along with platinum, plays an important role in energy production is uranium. Nuclear power plants have become more attractive again, not least because of the energy crisis in Europe. The uranium sector is reviving, especially in the USA. There, efforts are being made to reduce dependence on foreign uranium imports. As a result, the U.S. nuclear industry is experiencing its biggest push in decades, and many anti-nuclear U.S. states have made a major policy shift.
That's where uranium companies such as Consolidated Uranium are benefiting. The Company owns uranium properties in Canada, Australia and Argentina. Earlier producing uranium and vanadium mines are added in Colorado and Utah.
Current corporate information and press releases from Sibanye-Stillwater (- https://www.resource-capital.ch/en/companies/sibanye-stillwater-ltd/ -) and Consolidated Uranium (- https://www.resource-capital.ch/en/companies/consolidated-uranium-inc/ -).
In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.
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Unternehmensinformation / Kurzprofil:
Datum: 27.01.2023 - 14:25 Uhr
Sprache: Deutsch
News-ID 675681
Anzahl Zeichen: 4201
contact information:
Contact person: Jochen Staiger
Town:
Herisau
Phone: +41 (71) 3548501
Kategorie:
Financial Services & Insurance
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"Hydrogen and uranium for climate change"
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