Responsible business practices ‘no longer optional’, says WDC President Feriel Zerouki

The president of the World Diamond Council takes time out of her busy schedule to tell Rough&Polished readers about the critical work of the WDC. Zerouki, the first female present of the body, which includes all the important industry organizations among...

14 october 2024

James Campbell: Botswana Diamonds optimistic as it enters uncharted territory of using AI for mineral exploration

London-listed Botswana Diamonds has expressed optimism about the company’s use of artificial intelligence (AI) to scan the exploration database in Botswana to look for new mineralised deposits. Company managing director James Campbell told Rough...

07 october 2024

Artur Salyakayev: For me, happiness is freedom to make my ideas happen and create valuable products

Artur Salyakayev is an art entrepreneur, founder of the International Jewelry Academy (IJA) and the INCRUA jewelry company. He has initiated and developed successful projects in jewelry industry and services sector. He is also a leading expert...

30 september 2024

Paul Zimnisky: China key for sustained recovery in demand for natural diamonds, prices

The curtailing of upstream and midstream natural diamond production in the past months is starting to have an effect on prices, according to the New-York-based independent diamond and jewellery analyst and consultant, Paul Zimnisky. He told Rough & Polished’s...

23 september 2024

Vladimir Pilyushin: The jewelry market is not stand-alone and moves by the same laws as other markets

Vladimir Pilyushin is editor-in-chief of Russian Jeweler, a leading magazine about the jewelry industry in Russia. He told Rough&Polished about his view on the evolution of the jewelry industry in Russia and touched upon some of its problems.

16 september 2024

In search of new areas of use for palladium

10 june 2024
The Norilsk Nickel’s plans are to develop about 120 new materials for high-tech industries by 2030, which is expected to increase global demand for palladium, one of the metals produced by the group, by 40 tons per year. Dmitry Izotov, director of the palladium center of the mining and metallurgical company Norilsk Nickel, spoke about this in an interview with Chinanews.com.

“We conduct fundamental research in collaboration with research institutes to study and discover new properties of palladium and the metal applications in various fields. The main goal is to develop and commercialize new products for use in ‘green’ technologies such as hydrogen, solar energy, biofuels, ‘green’ chemicals, electronics and food technology,” he said.

Research into new applications of this metal is expected to increase global demand for it by about 14 percent over a five-year horizon.

Dmitry Izotov also noted that the reason for the company’s activity in this direction is the objective it set to achieve the highest possible carbon neutrality of its metals, and this requires to replace at least 84 percent of the energy sources used today (mainly hydrocarbons) with new, renewable ones (hydrogen, sun, biofuels, and so on). However, at the current level of the technology development, their share can hardly exceed 25 percent.
“The main challenge is the slow pace of the implementation of new technologies in the industrial sector due to higher costs and technical limitations. Our center is developing more efficient palladium-based materials and alloys to reduce costs and speed up the large-scale implementation of ‘green’ technologies,” says Izotov. 
An example of such a solution is the catalyst developed by Norilsk Nickel for a hydrogen electrolyzer. The company replaced 30 percent of iridium with palladium, which, on the one hand, made it possible to reduce the cost of the device (palladium costs several times less than iridium), and on the other hand, it was possible to increase productivity five times while maintaining its service life.

There are examples of replacing platinum with palladium in fuel cell catalysts. These metals are close in price (platinum is a little more expensive), but devices with palladium work three times more efficiently.
In addition, Norilsk Nickel has developed a number of new chemical products, for example, the glycolic acid-based catalysts for the production of skin care products, FDCA for biodegradable packagings, and the elements for water purification. Additionally, the company is making prototypes of new palladium-based thin-film solar cells, which are expected to increase the efficiency of solar energy generation. 

The global demand for palladium is now about 290 tons (200 tons of primary palladium and 90 tons of recycled metal), of which 240 tons are for production of autocatalysts. Norilsk Nickel produces over 40 percent of the global palladium, about 85 tons.

Theodor Lisovoy, Editor in Chief, Rough&Polished