According to GlobalData, Russia is the world’s second-largest producer of platinum in 2022, with output up by 0.31% on 2021. Over the five years to 2021, production from Russia decreased by a CAGR of 2.98% and is expected to rise by a CAGR of 0.8% between 2022 and 2026. GlobalData uses proprietary data and analytics to provide a complete picture of this market in its Global Platinum Mining to 2026 report. Buy the report here.
Russia accounts for 11% of global production, with the largest producers being South Africa, Zimbabwe, Canada and the US.
MMC Norilsk Nickel is one of the leading producers of platinum in Russia. In 2021, the company’s output was down by 8% over 2020.
For more detailed analysis of global platinum mining, buy the report here.