In a resounding wake-up call, the Bank of America sounds the clarion on platinum’s pivotal role in the evolving clean energy landscape. As green energy transformations gather pace, the hydrogen economy emerges as a prime arena, poised to reshape platinum’s demand dynamics in ways that demand investor attention.
India’s National Green Hydrogen Mission, a $2.4Bn incentive scheme, approved green hydrogen proposals last.
Global platinum stockpiles are unlikely to be sufficient to fulfill demand. The predicted deficit in 2021 has been boosted by events in the third quarter, including “V-shaped recoveries in the automobile sectors, pandemic-related concerns increasing demand for investments in precious metals, and substantially decreased supplies.”
