Objective
In 2014, the EC released the European Critical Raw Materials Review (CRMs), highlighting a list of materials defined critical. Platinum Group Materials (PGMs), contained in this list, are among the least abundant of the Earth's elements and were classified as materials whose substitution is currently extremely difficult and recycling rate is very low. The supply of PGMs (Europe is the main importer) is currently ensured mostly by primary sources (72%) coming from both mines and recycled products (no mines in Europe), and it cannot meet the global demand (current deficit 20 tonnes). PGMs demand (up to 80%) is driven mainly by the emission control catalysts market which is expected to reach €6 billion by 2019.
The PROMETHEUS project will bring to the market a disruptive innovation, allowing for the first time to substitute up to 60% of PGMs used in autocatalysts with copper nanoparticles, while keeping the same performances and durability. Specifically the PROMETHEUS project objectives are:
1. Industrialising PROMETHEUS production and demonstrate on large scale its performances. PROMETHEUS has already been validated in the real environment with a key stakeholder (FIAT, Large multinational automotive industry) also supporting Phase 2;
2. Substituting 60% of PGMs used in autocatalysts with copper nanoparticles, saving up to 40 tonnes of PGMs per year, 2 times the current global deficit;
3. Decoupling Europe from a Critical Raw Material (PGMs), saving up to 60% of PGMs European demand per year (20 tonnes per year – the current global demand/supply deficit);
4. Boosting European automotive and emission control catalyst markets. Copper costs ~6,800 times less than Platinum (4.5€/Kg against 30,550 €/Kg) which means that European industries can save almost €250 mln to be reinvested in RD&I and job growth.
5. Boosting MONOLITHOS growth. In 5 years after market introduction, MONOLITHOS expects to have grown by 125% in personnel and achieve a total turnover of at least €35 mln
Fields of science (EuroSciVoc)
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: https://op.europa.eu/en/web/eu-vocabularies/euroscivoc.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: https://op.europa.eu/en/web/eu-vocabularies/euroscivoc.
- natural sciences chemical sciences inorganic chemistry transition metals
- engineering and technology environmental engineering mining and mineral processing
- engineering and technology mechanical engineering vehicle engineering automotive engineering
- natural sciences chemical sciences catalysis
- engineering and technology nanotechnology nano-materials
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Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
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H2020-EU.3.5. - SOCIETAL CHALLENGES - Climate action, Environment, Resource Efficiency and Raw Materials
MAIN PROGRAMME
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H2020-EU.2.3.1. - Mainstreaming SME support, especially through a dedicated instrument
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Topic(s)
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Funding Scheme
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
SME-1 - SME instrument phase 1
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Call for proposal
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
(opens in new window) H2020-SMEInst-2016-2017
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Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.
11 476 ATHINA
Greece
The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.
The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.