Used in hydrogen storage applications due to its ability to absorb and release hydrogen efficiently. It serves as a key component in metal hydride batteries, particularly in nickel-metal hydride (NiMH) battery systems, where it contributes to higher energy density and improved charge-discharge cycles. Also utilized in catalytic processes and as a hydrogen purification membrane in industrial settings. Its thermal stability and resistance to embrittlement make it suitable for aerospace and nuclear applications where durability under extreme conditions is required.