| CPC H01M 4/921 (2013.01) [B01J 35/45 (2024.01); H01M 4/8807 (2013.01); H01M 4/926 (2013.01)] | 7 Claims |

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1. A process for preparing a catalyst material, said process comprising the steps of:
(i) providing PtaXb alloy particles on a support material;
(ii) applying a shell of X to the PtaXb alloy particles to provide a catalyst precursor comprising particles having a PtaXb core and a shell of metal X atoms; then
(iii) heating the catalyst precursor at a temperature of no more than 900° C., whereby the heating causes the shell to diffuse into the core; then
(iv) subjecting the heated catalyst precursor produced in step (iii) to conditions sufficient to leach a portion of metal X therefrom;
wherein the ratio of a to b is in the range of and including 10:1 to 1:2.5; and
wherein X is Co, Ni, Y, Gd, Sc or Cu.
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