dynaCERT and Cipher Neutron sign MOU with Molymet

dynaCERT and Cipher Neutron have signed a Memorandum of Understanding with Molibdenos y Metales (Molymet) to jointly develop, produce and market state-of-the-art hydrogen technology, including AEM electrolyser technology, that will be custom designed to produce green hydrogen for Molymet’s facilities.

Under the agreement, dynaCERT and Cipher Neutron will also be advancing the testing of Molymet’s proprietary rhenium products for use in electrolysers and other hydrogen-related technologies, with a view to developing superior, more efficient electrolysers and lower-cost green hydrogen for industrial applications and clean energy storage and generation.

Chile-based Molymet supplies 35% of the world’s demand for molybdenum and 70% of rhenium. The company has developed a wide range of molybdenum and rhenium solutions for the metallurgical, chemical and metal industries.

Mario Lama, Market Development Executive Manager at Molymet, said “The AEM Electrolyser accomplishments of Cipher Neutron in collaboration with dynaCERT are the perfect technology to be evaluated in conjunction with the scientific team of Molymet to advance its research in optimizing Molymet’s Rhenium reduction facilities. In addition, our global leadership in rhenium products could very well have applications in producing the low cost green hydrogen that Cipher Neutron and dynaCERT are achieving in their advanced research, especially by inking their membranes used in their AEM Electrolysers.”

Gurjant Randhawa, President and CEO of Cipher Neutron, said: “Cipher Neutron and dynaCERT focus on lowering initial capital costs and long-term operating costs of producing Green Hydrogen across numerous commercial and industrial applications. Our MOU with Molymet opens the door to cross-industry collaboration where advanced scientific knowledge can be shared.”

Jean-Pierre Colin, Executive Vice President and Director of dynaCERT, added: “dynaCERT is proud to expand its relationship with Molymet, a world leader in molybdenum and rhenium products. Advances that Molymet is fostering in the Mining and Metals industry, especially in critical minerals – including the treatment of arsenic for mining operations and strategic metals, is important for the world economy and consistent with the dynaCERT strategy of establishing a very strong position to become a global leader of the Hydrogen Economy, not just with AEM Electrolysers, but also in many Green Hydrogen infrastructure projects.”

HTW Editorial Team

HTW Editorial Team

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