ITM Power (ITM)

going to boom

6 November 2024 ITM Power PLC Breakthrough in Iridium Reduction ITM Power is pleased to announce the conclusion of a further technical milestone, having validated an additional 40% iridium loading reduction whilst maintaining stack performance and longevity. This builds on the Company's track record of successful precious metal reduction, having already lowered loading by over 80% in the past years. ITM met the EU's 2030 precious metal loading target for PEM electrolysers already in 2019. The development of ITM Power's next-generation stack platform, CHRONOS, is proceeding to plan. As the latest in a long line of leading PEM stacks, it will be a vehicle for adopting several technology improvements from our development roadmap. As testing progresses, the validation of several features will be completed, many of which will also be implemented into the current TRIDENT stack platform. The step change reduction in iridium loading will be the first to be triggered for adoption for both platforms. As a leading developer of PEM technology, ITM has retained all core science and manufacturing processes in-house. This maximises value-add, provides security of supply, and enables rapid improvement and validation cycles. This capability is one of ITM's many differentiating strengths and demonstrates ITM's continued leadership in stack technology. Dennis Schulz, CEO, said: "As part of a structured validation process, we have successfully reduced iridium loading by a further 40% without detriment to performance or degradation. As a costly raw material, reducing iridium benefits stack costs significantly. This loading reduction and our catalyst recovery and reuse processes will substantially reduce our consumption of critical raw materials and further lower our cost."

Back to 2009 levels.

2023 - 55.74 p

Looks like I am going to buy back @18p :D

Just as ITM look to unload Motive https://www.gbnews.com/lifestyle/bmw-hydrogen-electric-cars-unveiled

run you fools (O.o)

100 MW x 3 Better looking than for some time.

Green Policy being launched tomorrow by Sunak. That should help bring the share price back up.

Any positivity coming anyone think?

It's at .89£ today. What's your take on it gaining or loosing in value over the next week, moth and year?

Everything seems to be in place....but the customers not ready. Buyout target for Private Equity?

Told ya hehe

Gap down in 2 days

The next COP starts in 2 months, maybe that will boost the price, time will tell

Hello

Time to grow, finally?

what's going on with green..

Quite long, indeed ;(

long term investment

Just called the low at 420 am 23 Nov and re entered

buy 550

Hi Guys ,is barclays right wuth forcast of 600 ?pls advise

Utterly cheesed off with placing and reported increased losses

😢😢😢