The emerging world of hydrogen power, fuel cells, platinum and climate change mitigation received another stimulus on Tuesday with the announcement of new high-level investment backing for a fund that promotes technologies dependent on the high-performance characteristics of platinum group metals (PGMs). Backed by the massive Toyota Motor Corporation and Sumitomo Mitsui Banking Corporation, the Mirai Creation Fund II told the world that it was partnering AP Ventures, which already has an exceptionally strong group of investors in Anglo American Platinum, which has a powerful position in the PGM markets, the Public Investment Corporation, which is South Africa’s biggest asset manager, and Mitsubishi Corporation, which brings far-reaching industrial scope and a commitment to strategic activities.
