“More green hydrogen from less iridium”
The earth’s crust contains only small quantities of iridium. However, the concentrations are higher in meteorites. Many scientists therefore attribute the fact that we find iridium on our planet at all to an asteroid impact, which could also have sealed the fate of the dinosaurs 66 million years ago.
The metal is in high demand, including in the automotive and electronics industries. Iridium is corrosion-resistant and has a high melting point. The element also has excellent electrocatalytic properties and high chemical stability. These properties also make iridium an excellent catalyst for hydrogen electrolyzers. The ever-increasing demand for green hydrogen and renewable energies will lead to a shortage of the metal in the future. By 2030, the demand for iridium could be three times as high as the supply. As a result, we have to do everything we can to conserve our iridium reserves and thus make hydrogen production cheaper.
And that’s precisely what we are doing at elementarhy. We develop membrane electrode assembly for the anode in proton exchange membrane electrolyzers, which require only one twentieth of the amount of iridium contained in conventional anodes. I’m very proud of that fact.
When I was a university student I already knew that I wanted to use my knowledge to create added value for society. After a few years in basic research, I decided to work on a product and its market launch myself.
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With our product, we reduce the cost of membrane electrode assembly by up to 50 percent and enable hydrogen electrolyzer manufacturers to scale up their production. The feedback from our customers gives me confidence, which is a huge motivating factor for me.