LONDON, March 19, 2021 / PRNewswire / –
- World leader in sustainable technologies Johnson matthey and the leading international precious metals mining group Sibanye-Stillwater, form a strategic partnership.
- The collaboration will support the development of science and technology for new products and markets that will support sustainable supply chains for a low-carbon future, including clean hydrogen production and fuel cells.
- The partnership will promote circularity and reduce the carbon footprint in critical metal supply chains for customers in many global industries.
- Ensures security of supply of platinum group metals (pgms) for key technologies and end users.
Johnson matthey (Ticker LSE: JMAT), a global leader in sustainable technologies and Sibanye-Stillwater (Tickers JSE: SSW and NYSE: SBSW), a leading international precious metals mining group, are pleased to announce that they have formed a strategic partnership to identify and develop solutions to promote the decarbonization and more efficient use of critical metals such as pgms and metals used in battery technology.
The challenge of tackling climate change has led countries around the world to set net zero targets to drive decarbonization through supply chains. At the same time, customers and consumers are increasingly demanding raw materials and products from responsible sources.
Johnson matthey is at the forefront of science that enables a more sustainable future – including technologies for the production of clean hydrogen, products for fuel cells, next-generation battery materials and solutions for the decarbonization of manufacturing. chemical products. As the world’s largest manufacturer and recycler (secondary refiner) of pgms, a closed-loop circular approach to maximizing metal reuse has been part of Johnson matthey DNA for many decades.
Sibanye-Stillwater is a leading global producer of pgm and a leading gold producer. The Group also recently started to enter the metal supply chain for batteries through an equity investment and a partnership with Keliber Oy, a lithium hydroxide project in Finland. Sibanye – Stillwater is also one of the world’s leading recyclers of spent catalytic converter materials containing platinum, palladium and rhodium. Sibanye-Stillwater recently received an “A-” rating from the global non-profit environmental disclosure platform CDP, in recognition of its action and disclosure on climate change.
Pgms, due to their unique properties, play a critical role in low carbon technologies that will achieve net zero targets globally. Pgms are at the heart of electrolyser technologies to produce green hydrogen (i.e. hydrogen produced from renewable energy and without greenhouse gas emissions). Pgms are also a crucial component of fuel cells, facilitating the conversion of hydrogen into electrical energy without harmful emissions.
The strategic partnership between the two companies will focus on developing a number of opportunities to drive technological innovation and ensure more sustainable supply chains for customers:
1. Johnson matthey and Sibanye-Stillwater will collaborate on the sourcing and application of pgms and metals used in battery technology to enable the development and commercialization of low carbon technologies, with an emphasis on circularity and durability. Additionally, companies will explore potential opportunities to apply their collective experience to support the development of more sustainable supply chains for battery materials.
2. The companies will combine their extensive expertise in metal recycling to improve current technologies, especially for “hard to recover” materials.
3. The strategic partnership builds on the existing relationship between the two companies, which has ensured the security of supply of critical pgms in many industries. Johnson matthey and Sibanye-Stillwater have also extended their current pgm supply and refining agreements to ensure long-term sustainable supply for Johnson matthey products and customers.
Comment, Robert macleod, Managing Director of Johnson matthey said: “We are delighted to announce this important partnership with Sibanye-Stillwater to accelerate the development of low-carbon technologies and sustainable supply chains necessary for a cleaner, healthier world. the future of tomorrow’s industry. ”
Comment, Neal froneman“Said the CEO of Sibanye-Stillwater,” We are delighted to enter into this world-class partnership that advances our commitment to creating a greener future, by developing technologies for a better future, using the metals we produce . Accelerated green technology and working together to achieve ESG excellence will allow us to continue to improve life and the environment. ”
Johnson matthey is a global leader in the science that enables a cleaner, healthier world. With over 200 years of sustained commitment to innovation and technological breakthroughs, we improve the performance, function and safety of our customers’ products and in 2020 we were awarded the Green Economy Mark from the London Stock Exchange. , awarded to companies that generate more than 50% of revenues from environmental solutions. Our science has a global impact in areas such as low-emission transportation, pharmaceuticals, chemical processing, and the most efficient use of the planet’s natural resources. Today more than 15,000 Johnson matthey Professionals work with our network of clients and partners to make a real difference in the world around us.
For more information, visit www.matthey.com.
Inspire science, improve life
Sibanye-Stillwater is a leading international precious metals mining company, with a diversified portfolio of platinum group metals (PGM) operations in United States and South Africa, gold operations and projects in South Africa, and the exploration properties of copper, gold and PGM in the North and South America.
It is the largest primary producer of platinum and rhodium in the world, the second largest primary producer of palladium and a leading gold producer, third in the world, on a gold equivalent basis, as well as a major producer of other GMP and associated minerals such as chromium. It is also the world’s leading recycler and processor of used PGM catalytic converter materials. More recently, the Group entered the battery metals industry by investing in a lithium hydroxide project in Finland.
For more information, visit www.sibanyestillwater.com.
SOURCE Johnson Matthey PLC; Sibanye-Stillwater
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