Fuel cell vehicle or battery vehicle
The efficiency of fuel cells is lower than that of battery technology. Nevertheless, fuel cells are generally more environmentally friendly. Light, small vehicles drive better with a battery. According to the experts, the fuel cell has an advantage for large and heavy vehicles and for longer distances. When it comes to environmental friendliness, it is also important where the electricity comes from and under what conditions the batteries are produced.
For example, the Fraunhofer Institute calculated that fuel cell vehicles are almost always more climate-friendly when considering the entire life cycle. However, both these and electric vehicles are only more environmentally friendly if they are driven for at least 150,000 kilometres.
In any case, electromobility is on its way to becoming established. The lithium-ion batteries contain various raw materials, such as lithium. Millennial Lithium - https://www.commodity-tv.net/c/search_adv/?v=298888- will be able to supply this from its Pastos Grandes Lithium project in Argentina. The positive feasibility study assumes that the mine will last for 40 years. The lithium quality for batteries there is excellent and the costs are low. The company also has a second lithium project nearby.
The manufacturers of fuel cell cars are assuming that the high acquisition costs will fall once global production has grown. A hydrogen car like this still costs between 70,000 and 80,000 euros. Work is underway in China on hydrogen trucks and projects are also underway for ships. These are still at the beginning. A fuel cell vehicle needs platinum as a catalyst.
Platinum and palladium, for example, are produced by Sibanye-Stillwater - https://www.commodity-tv.net/c/search_adv/?v=299167 - in South Africa and North America. Recycling is also part of the business. The mining company is one of the major producers. Sibanye-Stillwater also has gold projects in the Witwatersrand Basin, where the world's largest known gold enrichment is located.
Current corporate information and press releases from Sibanye-Stillwater (https://www.resource-capital.ch/en/companies/sibanye-stillwater-ltd/) and Millennial Lithium ( https://www.resource-capital.ch/en/companies/millennial-lithium-corp/).
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