TECHNOLOGY FOCUS - ELECTRICAL POWER AND ENERGY - Preferred Fuel Cell: The fuel cell comprises a liquid fuel selected from a hydride or a borohydride compound (preferably sodium borohydride or potassium borohydride).    TECHNOLOGY FOCUS - INORGANIC CHEMISTRY - Preferred Components: The electrically conductive support comprises carbon. The PHC comprise at least platinum. The support has a specific surface area of 50-2500 (preferably 700) m2/g and particle size of 0.5-100 mu m. The support comprises micropores (0-1.2 cm3/g). The support comprises at least one of Pt or Pd, calculated as metals, in a total concentration of (0.5-10 wt.%) based on a total weight of support plus metal. The total concentration is not higher than 5 wt.%. The atomic ratio Pt:Pd is 10:1 to 1:10 (preferably 5:1-1:5). The reducing agent comprises hydrogen gas, formic acid or its salts, a borohydride compound, hydrazine or formaldehyde. The Pd species or Pt species comprises at least one halide complex (preferably chloride complex of at least one of Pt-II, Pt-IV or Pd-II) of Pd or Pt. The alkaline agent is selected from carbonates, bicarbonates and hydroxides of alkali or alkaline earth metals. The oxidant comprises at least one of hydrogen peroxide, sodium chlorate, oxygen, chlorine or nitric acid. The electrolyte comprises at least one of hydrochloric acid, perchloric acid, acetic acid, sulfuric acid, sodium nitrite, sodium sulfate, sodium chloride, sodium acetate or sodium perchlorate. Preferred Method: The PHC is obtained by contacting in an aqueous medium at least one of a Pd or a Pt species with an alkaline agent at 15-30 degrees C prior to contacting a resultant mixture with the support; and contacting Pd or Pt species with the support and then contacting it with the alkaline agent. The support is contacted with an oxidant at least one of prior to and concurrently with the contacting of the resultant mixture with the support with a Pd or Pt species. The support is contacted with an electrolyte at least one of prior to and concurrently with the contacting of the resultant mixture with the support having a Pd or Pt species. The Pt or Pd is evenly distributed between pores and outer surfaces of particles of the support. EXAMPLE - A suspension of activated carbon (0.95 g) (particle size 20-60 mu m) in distilled water (15 cm3) was prepared and stirred for 30 minutes at 20 degrees C. Then, a mixture of noble metal compound and sodium carbonate solution (Na2CO3) containing hydrogen peroxide (30%) was added dropwise to the suspension prepared over 10 minutes. The mixing of the solutions (10 cm3 of a solution containing palladium (Pd) (0.025 g) and platinum (Pt) (0.025 g), and a solution containing (10 cm3) Na2CO3 (0.0905 g)) was performed in a continuous-flow ideal-mixing reactor, where the solutions were simultaneously fed at the same rate and mixing time was 17 seconds. The suspension of was stirred for 30 minutes at 20 degrees C, then the temperature raised to 70 degrees C over 20 minutes, and a solution (4 cm3) containing Na2CO3 (0.0594 g) and sodium formate (NaOOCH) (0.1006 g) was added over 5 minutes. The resultant suspension was stirred for 30 minutes at 70 degrees C and the catalyst was filtered and washed with distilled water up to a neutral reaction and absence of chloride. The catalyst was then dried in vacuo at 100 degrees C. The resultant catalyst comprises Pt (2.5 wt.%) and Pd (2.5 wt.%) with an average particle size of 1.71 nm. Similarly a comparative catalyst was also prepared where the catalyst has a metal content (%) of Pt (5) and Pd (5). The activity of both the test and comparative catalysts were compared in a polarization test. The result showed that the activity of test/comparative catalyst (Coulomb) per 1 mg of catalyst was 2.9/2.5 and per 1 mg of metal(s) was 72.5/25 respectively. Similarly the effectiveness of the catalysts as active component of the anode of a fuel cell was tested. The result showed that the test/comparative showed power per 1 mg of metals (mW) of 36/20 and energy per 1 mg of metals (W) of 2.11/0.82 respectively.