The hydrogen trains are coming
Even if the railway stands for environmental friendliness more than trucks, airplanes or cars, stricter requirements could also threaten the railway sector. In Lower Saxony, the first hydrogen trains worldwide have been on the road since September and with success. Further hydrogen trains have already been ordered. The environmentally friendly trains operate with fuel cell hybrid technology.
The fuel cells on the roof convert hydrogen and oxygen into electrical energy. Batteries under the train are responsible for energy storage. Energy is generated during braking and can thus be reused. Although hydrogen trains are about a third more expensive than diesel locomotives, they are good for the environment. This is why they are also supported by the federal government.
Hydrogen technology is also being used more and more in ships and vehicles. This will fuel demand for platinum. The related metal palladium has been increasingly used in combustion engines since the diesel scandal. Good for companies that own these two raw materials, such as Sibanye-Stillwater.
The company is one of the major platinum and palladium producers with projects in South Africa and North America. Sibanye-Stillwater also has significant gold projects in South Africa in the Witwatersrand Basin - https://www.commodity-tv.com/play/sibanye-stillwater-diversifying-globally-in-metals-and-jurisdictions/.
Electric cars are similarly positive for the environment. The goal of alternative drives is always to reduce CO2 emissions. The hydrogen cell as an energy converter is not as efficient as a battery, which is also an energy storage device. Nevertheless, research is progressing. Today, electric vehicles are the first to boom. In advanced Norway, for example, more than half of all new registrations are electric vehicles. These need above all battery raw materials such as cobalt. This is where cobalt companies like First Cobalt come into play.
First Cobalt - https://www.commodity-tv.com/play/first-cobalt-and-glencore-conclude-term-sheet-for-refinery-restart/ - is working with Glencore to open a reliable source of cobalt in North America. A pre-feasibility study should be completed by early 2020. High-purity, battery-compatible cobalt sulfide will then come from North America for the first time.
Current corporate information and press releases from Sibanye-Stillwater (https://www.resource-capital.ch/en/companies/sibanye-stillwater-ltd/) and First Cobalt (https://www.resource-capital.ch/en/companies/first-cobalt-corp/).
In accordance with §34 WpHG, I would like to point out that partners, authors and employees can hold shares in the companies mentioned in each case and therefore there is a possible conflict of interest. Only the German version of these messages applies.
Disclaimer: The information provided does not constitute any form of recommendation or advice. We expressly point out the risks involved in securities trading. No liability can be assumed for damages resulting from the use of this blog. I would like to point out that shares and in particular warrant investments are generally associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. I expressly reserve the right to make a mistake, in particular with regard to figures and exchange rates, despite the utmost care. The information contained herein has been obtained from sources believed to be reliable but does not claim to be accurate or complete. Due to court rulings the contents of linked external sites are also to answer for (so among other things district court Hamburg, in the judgement of 12.05.1998 - 312 O 85/98), as long as no explicit dissociation from these takes place. Despite careful control of the contents, I do not assume any liability for the contents of linked external sites. The respective operators are solely responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/en/disclaimer/