Viable patents that involve the use of platinum group metals (PGMs) should be commercialised so that PGMs become less dependent on the automotive market, says CPM Group MD and founder Jeffrey Christian. CPM’s current projections, which are similar to those in the automotive and electricity supply industries, are that by 2050, a third of vehicles being manufactured might be vehicles that no longer require PGMs, which leaves a demand gap that PGM patents may potentially be able to fill.
