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LG Chem Develops PEM Electrolysis Electrode That Cuts Iridium Use for Green Hydrogen

Published

27 July 2026

Topic

opportunities

Sectors

Clean Energy

Geography

South Korea

Source

Read at koreabizwire.com

Verified

Fusion42 · 27 July 2026 · Fusion42 review

LG Chem has developed a PEM electrolysis electrode that significantly reduces iridium consumption in green hydrogen production, lowering a critical cost bottleneck in the electrolyser supply chain. The breakthrough addresses material scarcity and cost constraints that have limited scale-up of water electrolysis for industrial hydrogen.

This Wire brief sits within Fusion42's coverage of Clean Energy. Wire is Fusion42's founder-focused intelligence feed: each story is connected to the funds and startups it names — every one with a live profile on Raise or Scout — so founders can follow the capital and the momentum behind the headline rather than just the headline itself. Wire analysis is one of the live surfaces Arthur reasons over.

◆ The Wire takeaway

If you're selling iridium, rhodium, or platinum-group metals to electrolyser makers, your commodity price just got cheaper and your customers' purchasing power weaker. If you're building electrolysers for industrial hydrogen, LG Chem has just unlocked a material cost reduction that becomes table-stakes within 18 months—and your electrolyser bill of materials needs to match it or you lose the deal.

Related on Wire

Topics

Clean Energyelectrolysishydrogen-productionmaterial-cost-reductioniridium-substitutiongreen-hydrogen