Japanese trading giant Mitsubishi throws weight behind platinum: The Japanese trading giant Mitsubishi has thrown its weight behind technologies that harness the high-performance characteristics of platinum group metals (PGMs) by joining Anglo American Platinum (Amplats) and South Africa’s Public Investment Corporation (PIC) as an investor in AP Ventures, which has a special investment interest in hydrogen infrastructure, fuel cell electric mobility and energy storage. In July, the PIC and Amplats each committed R1.3-billion to AP, the first venture capital fund of its kind specialising in pioneering technologies and businesses that make use of PGMs.
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