Major funding boost to three hydrogen projects

Mining News Pro - Australian Renewable Energy Agency (Arena) this week announced the conditional approval of a A$103.3-million investment towards three commercial-scale renewable hydrogen projects, as part of its Renewable Hydrogen Deployment Funding Round.

Mining sector key to kickstarting hydrogen industry

Mining News Pro - Hydrogen is set to play a key role in achieving carbon-neutral mining, an industry that is being touted as a key enabler of the global hydrogen industry, Engie Impact consultant Jasper Schrijvers said during a virtual presentation at this year’s Energy & Mines Africa conference.

AP Ventures makes yet another promising hydrogen investment

Mining News Pro - AP Ventures Fund II focuses on hydrogen and its role in decarbonising energy and this latest investment is set up to contribute to establishing a well-functioning market and value chain for hydrogen in Norway and around the world. ADVERTISEMENT AP Ventures, which has the Public Investment Corporation of South Africa and Anglo American Platinum as its two cornerstone investors, has announced that Nysnø Climate Investments, Equinor Ventures and Yara Growth Ventures have become its first Norwegian Limited Partners in AP Ventures Fund II. Nysnø Climate Investments, Equinor Ventures and Yara Growth Ventures, a Norwegian consortium with Tier 1 investors, is now in a venture fund dedicated to hydrogen, for which Norway is a recognised strategic location. ADVERTISEMENT AP Ventures fund invests in technologies throughout the hydrogen value chain and participation in it offers investors access to innovation and accelerates the development of a new hydrogen economy. “We see significant strategic value in welcoming a Norwegian consortium of Limited Partners. Nysno Climate Investments, Equinor Ventures and Yara Growth Ventures are investors we have known for a long time through our portfolio companies and we are very pleased to have formalised our relationship with them,” AP Ventures founder and partner Kevin Eggers stated in a release to Mining Weekly. “Norway has the potential of leading Europe in the transition to a hydrogen-powered economy and we are excited for the opportunity this partnership will bring to our portfolio,” Eggers added. Hydrogen, which can be generated and converted into electricity with the help of platinum group metals, is a promising energy carrier to reduce emissions from hard-to-abate sectors, like industrial processes and long-haul transport. Bloomberg New Energy Finance estimates that clean hydrogen could account for 24%t of global energy demand by 2050, up from 2% in 2020. Following the commitments from Nysnø Climate Investments, Equinor Ventures and Yara Growth Ventures, AP Ventures’ total assets under management are $344-million. Besides the two cornerstone investors, other existing investors include South Africa’s platinum group metals producer Implats, the Mirai Creation Fund, Mitsubishi Corporation, Pavilion Capital, Plastic Omnium and Sumitomo Corporation. “We look forward to collaborating with knowledgeable investors in the hydrogen space, bringing deep industry insight to a value chain that is especially exciting for Norway. AP Ventures mobilises private capital to build up an ecosystem for hydrogen globally and offers Norwegian companies access to a larger global market," Nysnø Climate Investments CIO Eivind Egeland Olsen stated in the release. PARTNERSHIP OF STRATEGIC VALUE “Our ambition is to grow new business opportunities that enable a green transition in energy intensive industries, such as fertiliser production, and in shipping. Investing in startups that drive innovation throughout the clean hydrogen value chain is a key focus area for us. “We’re excited to join AP Ventures and work closely with our partners to make the clean hydrogen revolution a reality,” Yara Growth Ventures head Erkki Aaltonen stated. Yara Growth Ventures is the venture capital arm of Yara International ASA, focusing on investing in startups and as a Limited Partner in VC funds. “Equinor’s ambition is to reach net-zero emissions by 2050 and an important tool for success is to develop profitable value chains for carbon capture and storage and hydrogen. In order to develop such value chains, we need to work together with partners. The investment in AP Ventures will help us explore and expand our knowledge of hydrogen solutions that can play a role in the energy transition. We look forward to working closely with AP Ventures and other partners to create real impact,” said Equinor Ventures VP Gareth Burns. By investing in AP Ventures, Nysnø Climate Investments, Equinor Ventures and Yara Growth Ventures contribute to developing companies and technologies that build a hydrogen economy with less emissions, which contributes towards climate change mitigation. AP Ventures other investments in pioneering new technologies and businesses which aim to solve global challenges include investments in Altergy Systems, C-Zero, ERGOSUP, Greyrock Energy, Hazer Group, HPNow, HRS, HyET Hydrogen, Hydrogenious LOHC Technologies, Hystar, Infinium, Insplorion, Plug Power, Starfire Energy, and ZEG Power. All these companies either utilise or enable the use of platinum group metals.

Anglo explores PGMs-based tech to simplify hydrogen storage in electric vehicles

Mining News Pro - Diversified mining and marketing company Anglo American, through its platinum group metals (PGMs) business Anglo American Platinum, is partnering with Umicore to research and develop technology that has the potential to transform the way hydrogen can be stored and used to power fuel cell electric vehicles (FCEVs).

Anglo explores PGMs-based tech to simplify hydrogen storage in electric vehicles

Mining News Pro - Diversified mining and marketing company Anglo American, through its platinum group metals (PGMs) business Anglo American Platinum, is partnering with Umicore to research and develop technology that has the potential to transform the way hydrogen can be stored and used to power fuel cell electric vehicles (FCEVs).

Hydra Consortium wants heavy-duty mining equipment to run on renewable hydrogen

Mining News Pro - Mining3, a research organization focused on the mining industry, and Engie, a global player in low-carbon energy, announced the starting of operations of the Hydra Consortium, a joint effort aimed at promoting the use of hydrogen fuel cell-based powertrain for heavy-duty mobility within the mining sector.

Cabinet expected to approve Hydrogen Society Roadmap by early 2022 at latest

Mining News Pro - South Africa’s Hydrogen Society Roadmap (HSRM) will be presented for Cabinet approval either before the end of the year or early next year and should outline how the country’s resource advantages should be leveraged to produce green hydrogen, as well as to integrate hydrogen-related technologies, such as fuel cells, into various sectors of the economy.

Scientists’ insight to move the hydrogen mobility needle a notch

Mining News Pro - New research by scientists with the US Department of Energy’s Argonne National Laboratory lends insight that could be used to design new materials for making renewable fuels and storing energy.

Giant copper mines start to get serious about green hydrogen

Mining News Pro - All the talk about how green hydrogen will help heavy industries kick their fossil fuel habit is starting to turn into action in the biggest copper-producing nation.

Giant copper mines start to get serious about green hydrogen

Mining News Pro - All the talk about how green hydrogen will help heavy industries kick their fossil fuel habit is starting to turn into action in the biggest copper-producing nation.

Pure forms methane/hydrogen JV

Mining News Pro - Pure Hydrogen has inked a joint venture (JV) agreement with Synergen Met to manufacture hydrogen and carbon products.

First hydrogen and movement by third quarter

Mining News Pro - Anglo American Platinum executive head: project and environment Prakashim Moodliar has outlined what the company refers to as its smart power project, which is the development of the hydrogen fuel cell and battery-powered module, retrofitted on to a large haul truck, for deployment at the Mogalakwena platinum group metals (PGMs) mine in Limpopo.

Forrest takes on Musk in hydrogen versus EVs debate

Mining News Pro - Iron ore billionaire Andrew Forrest is taking on Tesla Inc. CEO Elon Musk in his quest to promote green hydrogen as a game changer in the clean-energy transition.

BP plans UK`s largest blue hydrogen production facility

Mining News Pro - Oil and gas major BP said on Thursday it was developing plans for the UK`s largest blue hydrogen production facility, expanding its investments in carbon reduction technologies to tackle global warming.

Fortescue to build second hydrogen plant

Mining News Pro - Fortescue Metals Group is set to develop a green hydrogen plant in Brazil as part of a company plan to remove diesel reliance from mining equipment.

Fortescue looks at Brazilian hydrogen

Mining News Pro - The energy arm of iron-ore major Fortescue, Fortescue Future Industries (FFI) and a subsidiary of Prumo Logistica S.A, Porto do Açu Operações S.A. (Port of Açu), have signed a memorandum of understanding (MoU) to assess the opportunity to develop hydrogen-based green industrial projects in Rio de Janeiro, Brazil.

Qld establishes hydrogen taskforce

Mining News Pro - The Queensland government has established a seven-member specialist hydrogen team to unleash hydrogen potential in the state.

Southern Africa has ‘huge potential’ to benefit from the shift to green hydrogen

Mining News Pro - While there is growing momentum across the world around investment in hydrogen and the related import and export value chains, management consulting company Kearney MD Romain Debarre warns that there is still a lack of supply and demand for the hydrogen economy.

Implats pursuing renewables, green hydrogen, exploration, carbon neutrality

Mining News Pro - Platinum group metals (PGMs) mining and marketing company Implats is pursuing green hydrogen, greenfield exploration and carbon neutrality, the company made clear during question time after presenting a stellar set of high-dividend-yielding interim financial results on Thursday, which cut debt by R3-billion and increased net cash significantly.

Tight supply and hydrogen hopes drive iridium price up 160%

Mining News Pro - Iridium has become the latest precious metal to undergo a spectacular price rally, after supply shortages and expectations it will be used to produce hydrogen to power a greener economy lifted its value by 160% in two months.

Green hydrogen and powerfuels could revive ailing PetroSA, unlock green steel and create €160bn export platform

Mining News Pro - The combination of South Africa’s world-class wind, solar and land resources, its platinum group metals reserves, as well as its historical experience in industrial-scale synthetic-fuel manufacture, position the country strongly for the production of green hydrogen and tradeable synthetic powerfuels, a new report affirms.

Thyssenkrupp’s new plant in Canada to produce 11,000 tonnes of hydrogen per year

Mining News Pro - Thyssenkrupp Uhde Chlorine Engineers, a subsidiary of German industrial giant Thyssenkrupp, announced that it will be building a plant capable of producing 11,100 tonnes of hydrogen per year in Quebec, Canada.

Fortescue to ink hydrogen deal with Japan

Mining News Pro - Fortescue Metals Group is set to build a consortium with Kawasaki Heavy Industries and Iwatani Corporation to supply liquid hydrogen into Japan.

Platinum council says hydrogen momentum will continue to bolster PEM demand

Mining News Pro - This week has seen the launch of the first-ever European Hydrogen Week from November 23 to 27, a series of events showcasing the key role hydrogen is expected to play in reaching the European Union’s (EU) “European Green Deal” objectives.

Canada could be a major player in hydrogen

Mining News Pro - With its abundant natural gas for conversion into hydrogen fuel, Canada could be a major player in the burgeoning hydrogen market, says law firm Fasken, which has recently launched a new hydrogen energy advisory team.

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