Nornickel's innovative solutions will contribute to sustainable development goals in the Asia-Pacific region

April 26, 2024 01:07 PM AEST | By Cision
 Nornickel's innovative solutions will contribute to sustainable development goals in the Asia-Pacific region
Image source: Kalkine Media

BANGKOK, April 26, 2024 /PRNewswire/ -- Climate change and environmental protection are among the most significant problems in the Asia–Pacific region. Approximately 50% of the world's carbon dioxide emissions come from the region, and the situation has worsened in recent years as global warming in the region has exceeded the global average.

The innovative palladium solutions that Nornickel is currently working on will address the region's key challenges: improving water treatment for over 2 billion people, facilitating the implementation of green energy projects, reducing harmful emissions and optimising the transition to biodegradable packaging. Nornickel will spend $100 million on research and development of innovative palladium applications by the end of 2030. 

Dmitry Izotov, Head of Norilsk Nickel's Palladium Centre, presented on this topic at the Economic and Social Commission for Asia and the Pacific (ESCAP) plenary session on Leveraging Digital Innovation for Sustainable Development in Asia and the Pacific, held at the United Nations Conference Centre in Bangkok.

Currently, most water is disinfected with chlorine, which poses significant environmental risks in its production, transport and storage. A palladium alloy catalyst combined with electrolysis technology allows the disinfectant to be produced close to the water supply, reducing environmental risks. 

"Palladium is a critical mineral for the future, especially for hydrogen and solar energy projects. Palladium-based catalysts in the hydrogen energy sector show efficiency gains at every stage of the production chain, from the extraction of hydrogen from water through electrolysis, to its transport and even in the fuel cell itself. In the solar energy industry, palladium chalcogenide can be used to make highly efficient photovoltaic cells," said Dmitry Izotov, head of Norilsk Nickel's Palladium Centre.

The key raw material for the production of biodegradable packaging is currently glycolic acid, which is derived from formaldehyde, a dangerous carcinogen. The new palladium-based catalyst eliminates the need for carcinogenic formaldehyde and provides better raw material yields. Palladium technology not only helps manufacturers meet increasingly stringent environmental regulations, but also reduces production costs and improves safety. 

"In the era of global digitalisation, technologies such as neural networks, big data analysis and machine learning play an important role in accelerating processes. Nornickel is actively using digital technologies to model and predict the structures and properties of materials. Tight international cooperation in the development of digital technologies is needed at all levels and is crucial to accelerate the adoption of green technologies and achieve sustainable development goals. The Palladium Technology Centre is poised to act as a pilot site for testing new digital tools," said Dmitry Izotov

Palladium is widely recognised around the world for its significant role in resolving environmental challenges. It is already being actively used in the automotive industry to develop emission control systems. Palladium is highly catalytic, hydrogen permeable and, when combined with other elements, has good optical properties. This gives palladium enormous potential to improve the performance of green technologies and make them cheaper to implement.


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (“Kalkine Media, we or us”), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary.
The content published on Kalkine Media also includes feeds sourced from third-party providers. Kalkine does not assert any ownership rights over the content provided by these third-party sources. The inclusion of such feeds on the Website is for informational purposes only. Kalkine does not guarantee the accuracy, completeness, or reliability of the content obtained from third-party feeds. Furthermore, Kalkine Media shall not be held liable for any errors, omissions, or inaccuracies in the content obtained from third-party feeds, nor for any damages or losses arising from the use of such content.
Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyrighted to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have made reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.

This disclaimer is subject to change without notice. Users are advised to review this disclaimer periodically for any updates or modifications.


AU_advertise

Advertise your brand on Kalkine Media

Sponsored Articles


Investing Ideas

Previous Next

Top ASX Listed Companies


We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.