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Gold/Mining/Energy : Platinum Group Metals (PGMs)

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From: aknahow8/22/2012 8:08:59 PM
   of 529
Yes given the uncertain supply situation platinum may do well in the short to medium term. But Nanostellar, a private company, really is able to commercialize Noxicat then it is all over for platinum.


"In addition to significantly reducing the costs of emissions control systems, Noxicat™ has numerous performance benefits over the incumbent platinum based catalysts" commented Pankaj Dhingra, Nanostellar's President and CEO. "Noxicat™ enables higher fuel efficiency by allowing engine designers to reduce the frequency of filter regeneration events and allows for redesign of the emissions control system for further optimization."

Dr. Bulent Yavuz, Nanostellar's vice president of sales and marketing who has been monitoring the reaction of early customers stated that "Noxicat™ has created an unprecedented level of excitement among heavy-duty diesel engine manufacturers for both its performance benefits and its promise of significant cost reductions. The commercialization efforts received a further boost when customer testing revealed that Noxicat™ is able to regenerate itself after exposure to fuel-borne sulfur."

PR Newswire (

Noxicat uses no precious metals. Previously Nanostellar developed and commercialized NS Gold which replaced part of the platinum used in light diesel vehicles. Don't expect that to compete against Noxicat either. Check out worldwide interest on Nanostellar's Twitter.

It took 10 years for platinum to see production use 70% of production used for catalytic converters. At the moment Noxicat appears to threaten only diesel vehicle use of platinum. It could be worth understanding what makes impossible to use in non diesel vehicles.
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