Nornickel, the world's largest producer of palladium, plans to invest about $100 million by the end of 2030 in the development of innovative uses for palladium (a platinum group metal). This will help protect the environment.
The company's press service reported that almost half of the world's carbon dioxide emissions come from the Asia-Pacific region (APAC). The problem of global warming is more acute here. Palladium will help solve it.
Nornickel plans to use the metal in green energy: hydrogen and solar. It is called the most important mineral of the future.
In hydrogen energy, palladium-based catalysts increase efficiency at every stage of production
In solar energy, palladium chalcogenide (created by interaction with oxygen, sulfur, selenium, tellurium and polonium) is used as an effective photocell. The metal also helps purify water for two billion people in Asia.
