Johnson Matthey plc

JM

Johnson Matthey is a global leader in sustainable technologies.

Lobbying Activity

Response to Circular Economy Act

5 Nov 2025

Johnson Matthey welcomes the European Commissions initiative to increase circularity within the Single Market. We recognise that strengthening the market for secondary raw materials is crucial to ensure sufficient and secure supply for EU industries and to advance the Unions strategic objectives for sustainability and competitiveness. However, caution needs to be applied across the critical raw materials spectrum, as well-established and market-driven circularity already exists with some materials. PGMs are a positive case study to this effect, with a well-functioning market for secondary PGMs that is in fact fundamental to how PGM supply chains operate today. Applying measures that may disrupt these well-functioning supply chains would ultimately harm EU competitiveness, the aim of circularity, and CRM supply needs. We recommend: Tailored regulatory frameworks that appropriately consider critical raw materials that already possess well-functioning circular supply chains, strong demand for secondary materials, and established recycling processes and infrastructure. (for example, PGMs) The Circular Economy Act and related initiatives seek to preserve trusted partnerships with reliable countries, such as the UK, whose collaboration in circularity and resilient CRM supply chains has proven valuable. Please see attached position paper as our full response to this Call for Evidence.
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Response to Clean corporate vehicles

8 Sept 2025

Johnson Matthey welcomes the European Commissions initiative to decarbonise corporate fleets and strongly supports the overarching goal of achieving zero-emission mobility by 2035. However, we urge the Commission to adopt a technology-neutral framework that embraces a broader mix of viable solutions beyond battery electric vehicles (BEVs). This includes hybrid ICE vehicles running on carbon-neutral fuels, hydrogen fuel cell and hydrogen combustion technologies, which are essential for ensuring a practical, inclusive, and resilient transition across diverse fleet types and operating environments. A diversified approach will not only accelerate emissions reductions but also enhance European competitiveness, protect skilled jobs, and mitigate infrastructure and raw material supply risks. Fiscal policy should reward actual carbon performance rather than specific powertrain technologies, and hydrogen must be recognised as a strategic pillar in Europes clean mobility future. Please find our full response in the attached document.
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Response to Sustainable transport investment plan

4 Sept 2025

To achieve climate neutrality by 2050, the Sustainable Transport Investment Plan must adopt a unified, technology-open strategy that supports scalable, carbon-neutral fuels across aviation, maritime, and road transport. Common challenges, such as supply chain immaturity, investment risk, and infrastructure compatibility, require coordinated solutions like long-term offtake mechanisms, revenue certainty instruments, and inclusive funding models. By recognising the interdependence of transport modes and leveraging road transport demand to accelerate fuel production, the EU can build a resilient, cost-effective, and strategically autonomous clean fuel ecosystem. Johnson Matthey urges the Commission to ensure STIP reflects this holistic approach, enabling Europe to lead in sustainable transport innovation. Please find the attached file for our full response.
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Meeting with Miguel Jose Garcia Jones (Cabinet of Commissioner Wopke Hoekstra)

20 Mar 2025 · Discussion on the future of Hydrogen.

Meeting with Jens Geier (Member of the European Parliament) and Forward Global

28 Jan 2025 · Exchange on follow up initiatives of the Gasmarket Package in the field of Hydrogen

Meeting with Maroš Šefčovič (Executive Vice-President) and

11 Jun 2024 · Hydrogen

Response to European Critical Raw Materials Act

25 Nov 2022

Johnson Matthey is a 205-year-old British company with operations in Europe and worldwide that is a global leader in sustainable technologies, catalysing the net zero transition for our customers and wider society. JM has committed to reach net zero by 2040, and strongly supports the EUs aim to be climate-neutral by 2050. Of significance to the CRM Act, JM has leading expertise in the platinum group metal (PGM) markets and in the applications of PGM in hydrogen technologies. And, as the worlds largest secondary refiner of PGM, we have a strong commitment to circularity in the usage of these metals. We urge that policy measures and strategic initiatives in the area of PGMs are carefully considered to ensure they help and do not hamper the scale-up of clean energy technologies using these metals. We believe JM is uniquely qualified to provide insights and input into several aspects around the key clean hydrogen technologies and their supply chains, and around PGMs and their markets, availability, recycling, and formulation in the active components needed in clean hydrogen technologies. We would welcome the opportunity to meet with EC representatives to discuss information supporting this response. JM fully understands the need to secure long-term critical raw materials to enable the clean energy transition; however, we advise extreme caution and rigorous consideration of any plan or strategy involving PGM stockpiling, to avoid unintended consequences and the potential for substantial price shifts, especially in the smaller and less liquid market for iridium. Any attempt to procure large iridium volumes could lead to irrational price moves that would impact not only established PEM electrolysis market players but also aspiring new entrants. We believe that with appropriate management, notably through thrifting and recycling, there will be enough iridium and platinum available to allow PEM electrolysis and PEM fuel cells to scale up to the necessary levels to make a major contribution to the energy transition. Indeed, platinums supply and demand profile indicates that it is ready for a new market, but investment is needed to secure both primary and secondary platinum supply into the long term. Platinums central role in fuel cell vehicles will be a crucial incentive for this investment. Because virtually all primary iridium supply is associated with southern African platinum mining, a healthy outlook for platinum demand is important to ensure continued iridium supply. We understand concerns pertaining to iridium in particular, but our analysis shows that around 4050% of global electrolyser demand can be met by PEM electrolysers in ambitious electrolyser build-out scenarios, and a significantly higher penetration is possible assuming a more likely, slower build-out, even within tightly constrained iridium supply. This requires ongoing investment in technology R&D and supportive policy to maximise efficient iridium use and recycling at end of life (and for PEM technology, also targeting ionomer recovery alongside PGM recovery will be helpful to prevent release of perfluoroalkyl and polyfluoroalkyl Substances (PFAS) into environment). This applies to established iridium applications too, to maximise efficiency of existing iridium use and increase recovery at end of life, as well as to support switching in those applications where alternatives exist. Lastly, we note that the PGM benefit from a well-established global recycling network. Although we expect further optimisation for scrap streams arising from hydrogen technologies, this established network should be recognised and leveraged for the future. Any policy measures that could inhibit the movement of metal or PGM-containing scrap across borders should be carefully considered to ensure they do not hamper the effectiveness of recycling routes or existing processing capacity. Please see attached file for more information.
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Meeting with Elena Montani (Cabinet of Commissioner Virginijus Sinkevičius)

27 Sept 2022 · Pollution from cars and the upcoming EURO7 file