- The green hydrogen market could reach $700 billion by 2050.
- The EU wants to increase its renewable hydrogen capacity from 1GW today to 6GW by 2024 and 40GW by 2030.
- European companies are betting on polymer electrolyte membrane electrolysers, which use iridium.
- The metal seems to be already in a structural deficit and Sibanye is the leading producer in the world.
- If iridium matches rhodium's price, Sibanye will be generating over $1.2 billion revenues from this metal alone.
For further details see:
Sibanye Should Benefit From Hydrogen Wars Thanks To Its Iridium Exposure