Japan to Push Creation of “Platinum Valley” in South Africa

BDLive reported that according to Ken Okinawa, a minister in the Japanese embassy in Pretoria, the Asian nation plans to encourage South Africa to develop a “platinum valley” similar to California’s Silicon Valley. Among other things, it would be aimed at finding new uses for platinum.

As quoted in the market news:

‘What we want to do is encourage South Africa to establish a kind of platinum valley here similar to Silicon Valley in California. This facility would aim to find new uses for platinum, while also addressing issues such as job creation and beneficiation,’ [Okinawa] said.

To promote this, a senior Japanese expert in fuel cells would shortly come to South Africa, he said.

Government-led projects have supported the commercialisation of fuel cells for many years in Asia, Europe and North America, and this has led to cost reduction, technological advancements and customer acceptance.

Click here to read the full BDLive report.