Johnson Matthey signed an MOU with Plug Power to develop a roadmap to accelerate the joint development of high-performance electrolyzer technology with improved durability, increased performance, and greater energy efficiency.

The collaboration will focus on the development, validation and incorporation of JM’s materials in Plug Power’s electrolyzer systems. The companies will also investigate the development of a closed loop recycling system for the critical platinum group metals (pgm) used as catalysts in these systems.

"Our CCMs draw on innovations in catalyst, membrane and additive development built over many years and which are the foundation of our Green Hydrogen business today," said Eugene McKenna, Managing Director, Green Hydrogen, Johnson Matthey. "Equally important is to enable a sustainable energy transition, which is why we will continue to drive the creation of closed loop recycling systems within the supply chain, to recover and reuse as much critical pgm material as possible. Plug Power has an innovative electrolyser technology and their knowledge and market position make them an ideal partner."