Ontario Prospector Summer 2020

Page 18

Clean Air Metals: Powering the EV revolution The climate change imperative is driving worldwide demand for a carbon-free transportation sector

N

orth American infrastructure is currently not built to accommodate this demand.

Cu magma conduit system containing

exhaust-based pollution control de-

the catalytic conversion strategic min-

vices in gas and diesel-powered vehi-

erals platinum and palladium in a 1:1 ra-

cles, are designed to reduce toxicity of

An historic step change and build out

tio. The system also contains nickel, the

combustion emissions. Roughly 85 per

of electrical generation, transmission

battery metal, and copper, the lifeline of

cent of palladium consumption can be

and storage infrastructure is required

the EV. Clean air metals are the com-

attributed to the automotive industry

to facilitate the electric vehicle (EV)

modities powering the EV revolution.

which uses it in the production of these

revolution. This will require increased

The global shift to lower automobile

sustainable production of certain stra-

emissions and tightening environmen-

Steve Stares and his team at Benton

tegic minerals and commodities going

tal standards is being led by the United

Resources Inc. (BEX: TSXV) put the deal

forward to meet demand.

States, China and the EU. The result-

together with the intent to capitalize on

Why Clean Air Metals? The compa-

ing demand for palladium and other

the rising demand in platinum and pal-

ny is engaged in advanced exploration

PGEs such as rhodium has increased

ladium metals. With the help of Brett

of a high-grade Norilsk-style PGE-Ni-

dramatically. Catalytic converters, the

Whalen and a group of investors at the

18 Ontario Prospector summer 2020

catalytic converters.


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