Page 26 - Bullion World Volume 3 Issue 9 September 2023

Bullion World | Volume 3 | Issue 9 | September 2023

More than 1000 offline delegates already the single largest consumer manufacturing techniques, which
from 400 companies and 180,000 of PGMs globally at ~25% of total create opportunities a range of new
views online marked a milestone platinum demand. After the main and innovative designs.
for Shanghai Platinum Week after SPW event, WPIC joined dignitaries
three years of growth. This clearly at the inaugural PPMC Summit at Trevor Raymond, CEO of WPIC,
emphasises the scale and draw of the Lin-Gang Special Area. This stated that platinum group metals
the event. Planning for SPW 2024 is strengthens the ties between Lin- (PGMs) would continue to help the
already well underway, with the event Gang and SPW which is expected to world address climate challenges,
scheduled to take place between grow further in the coming years. particularly through reducing
Monday, 8 July and Friday 12 July, harmful emissions. This aligns
2024. Strong engagement across the with China's commitment towards
PGM industry was a feature of decarbonisation, which will generate
Representing the respective SPW. Feedback indicates that the significant demand for PGMs. The
governments of China, the UK and event provided multiple networking "decarbonization challenge" was a
South Africa, SPW 2023 received opportunities unique to the event. popular topic at the event. Ji Zhouli at
speeches from Yuan Guohua (Deputy Senior management from PGM the Nanjing Fiberglass Research and
Secretary of the Party Working producers Anglo American and Design Institute emphasized that the
Committee of Lin-gang New Area), Northam Platinum attended SPW, green and low carbon development
Ma Xingfa (Member of the Standing where met with existing customers would require continued growth
Committee of the Shanghai CPPCC), and developed new relationships in fiberglass production which in
Sohail Shaikh (Sector Director and with other industry participants. return would bring more demand
Minster Counsellor, UK DFIT), and Consumers of platinum represented for platinum in the future. Wang Ju,
Phuti Tsipa (South African Consul a wide spectrum of end uses – from Secretary-General of the International
General to Shanghai, China). This catalyst manufactures, through Hydrogen Fuel Cell Association,
highlights the level of support SPW pharmaceuticals, to hydrogen related revealed that over 30 countries
receives across national, regional and technologies. An example would worldwide have formulated roadmaps
local government. be fuel cell producer Hyprin, which and development plans for hydrogen
attended as delegates as well as fuel cells. Benny Oeyen, Executive
Further support for SPW comes exhibitors, showcasing one of their General Manager of PGM Market
from the local government of fuel cells outside of the auditorium. Development at Anglo American plc,
Shanghai’s Lin-Gang Special Area. highlighted that PGMs are essential
An international PGMs Technology Other exhibitors presented platinum catalysts for hydrogen production and
and Trade Centre (PPMC) was products that ranged jewellery to would continuously contribute the
established in Lin-Gang in September bars and coins. One of the most human society.
2022 with the target of promoting interesting developments in platinum
the use of PGMs in China, which is jewellery fabrication is electroforming

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