London, United Kingdom, 17 July 2018: AP Ventures today announces its launch as an independent venture capital fund to invest in applications for Platinum Group Metals (PGMs). Anglo American Platinum and South Africa’s Public Investment Corporation (PIC), as cornerstone investors, have each committed US$100 million to AP Ventures.
The unit will invest in hydrogen technologies such as fuel cells, as the world’s biggest producer of platinum seeks to boost demand for the metal.
