Platinum-group metals
World mine production and reserves, 2024–2025
Share of world platinum mine production, 2025 · world total 170,000 kilograms
- South Africa 71%
- Russia 12%
- Zimbabwe 11%
- Canada 2.9%
- United States 1.1%
- Other countries 3.1%
South Africa accounted for 71% of world platinum mine production in 2025 (120,000 kilograms of 170,000 kilograms). The three largest producers, South Africa, Russia, and Zimbabwe, together supplied 93%. World output fell 5% from 2024 to 2025. Net imports covered 57% of U.S. palladium consumption in 2025.
Producer log
5 countries listed separately
| Country | Palladium mine production 2024 | Palladium mine production 2025 | Change on 2024 | Platinum mine production 2024 | Platinum mine production 2025 | Share of world 2025 | Change on 2024 | PGM reserves |
|---|---|---|---|---|---|---|---|---|
| South Africa | 82,600 | 70,000 | −15% | 126,000 | 120,000 | 71% | −4.8% | 63,000,000 |
| Russia | 89,000 | 84,000 | −5.6% | 22,000 | 20,000 | 12% | −9.1% | 11,000,000 |
| Zimbabwe | 15,200 | 15,000 | −1.3% | 18,400 | 18,000 | 11% | −2.2% | 1,300,000 |
| Canada | 17,000 | 16,000 | −5.9% | 5,700 | 5,000 | 2.9% | −12% | 310,000 |
| United States | 10,200 | 6,200 | −39% | 3,010 | 1,800 | 1.1% | −40% | 590,000 |
| Other countries | 2,870 | 2,900 | 3,860 | 3,900 | 2.3% | not available | ||
| World total | 217,000 | 190,000 | −12% | 179,000 | 170,000 | 100% | −5% | more than 76,000,000 |
United States
supply, trade and import sources
57%
Net import reliance (palladium) in 2025, as a percentage of apparent consumption.
202135
202231
202338
202434
202557
Import sources of palladium, 2021–24
- South Africa 37%
- Russia 36%
- Belgium 6%
- Canada 6%
- Other countries 15%
Uses named for it in the 2025 critical minerals list: catalytic converters, electronics, and chemical catalysts.
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Mine production: Palladium | 13,700 | 10,100 | 10,300 | 10,200 | 6,200 |
| Mine production: Platinum | 4,020 | 3,000 | 3,040 | 3,010 | 1,800 |
| Imports for consumption: Palladium | 72,600 | 65,200 | 66,900 | 68,300 | 92,000 |
| Imports for consumption: Platinum | 67,900 | 64,200 | 66,800 | 70,500 | 99,000 |
| Imports for consumption: PGM waste and scrap | 160,000 | 41,500 | 32,100 | 52,800 | 150,000 |
| Imports for consumption: Iridium | 2,310 | 1,610 | 2,040 | 1,360 | 2,200 |
| Imports for consumption: Osmium | 1 | 1 | — | 1 | 57 |
| Imports for consumption: Rhodium | 16,500 | 13,200 | 12,100 | 14,500 | 14,000 |
| Imports for consumption: Ruthenium | 18,000 | 13,300 | 10,800 | 9,780 | 14,000 |
| Exports: Palladium | 43,900 | 42,200 | 33,600 | 39,900 | 18,000 |
| Exports: Platinum | 29,400 | 23,100 | 11,300 | 11,700 | 17,000 |
| Exports: PGM waste and scrap | 37,800 | 35,200 | 13,900 | 13,600 | 24,000 |
| Exports: Rhodium | 1,350 | 717 | 453 | 766 | 340 |
| Exports: Other PGMs | 2,180 | 1,010 | 845 | 2,050 | 2,700 |
| Consumption, apparent: Palladium | 81,400 | 74,100 | 88,500 | 83,600 | 130,000 |
| Consumption, apparent: Platinum | 51,100 | 52,900 | 67,100 | 68,900 | 92,000 |
| Employment, mine, number | 1,600 | 1,560 | 1,450 | 901 | 810 |
| Net import reliance as a percentage of apparent consumption: Platinum | 75 | 78 | 83 | 85 | 89 |
Source: USGS Mineral Commodity Summaries 2026, Platinum-group metals chapter (PDF page 152). How to read these figures.