Resource nationalism and platinum group metals: Chinese Strategies in a Hydrogen-Powered Future

Abstract

The ability to generate electricity from hydrogen fuel cells is a promising development in the race to prevent climate change. Platinum group metals (PGMs) are a crucial component of this energy source, but the resurgence of resource nationalism has complicated international relations. The distribution and production of PGMs are highly concentrated, causing tension around the world. China is now the largest consumer of PGMs, but its limited domestic resources pose a challenge. This study explores how China is addressing this issue, including through the strengthening of its domestic administrative management, the development of foreign mines, and the improvement of its material recovery and recycling system. We urge for a global collaboration to prevent resource-related conflicts and to strive towards a sustainable, low-carbon hydrogen future.