Toyota’s co-funding of PGM market development pleases Amplats

The decision of the giant Toyota Motor Corporation to co-fund the development of the market for platinum group metals (PGMs) has been applauded by Anglo American Platinum (Amplats). Toyota, through the Mirai Creation Fund II in which Sumitomo Mitsui Banking Corporation is a co-participant, this month became the fourth major organisation to promote a green economy by setting out to optimise the contribution of PGMs in the fight against climate change, the world’s most pressing current challenge.