According to GlobalData, South Africa is the world’s largest producer of platinum, with output of 4,257koz in 2022, down by 7.68% on 2021. Over the five years to 2021, production from South Africa increased by a CAGR of 0.89% and is expected to rise by a CAGR of 4% 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.
South Africa accounts for 73% of global production, with the other largest producers being Russia (11%), Zimbabwe (8%), Canada (3%) and the US (2%).
Leading producers of platinum in South Africa are Anglo American, Sibanye Stillwater, Impala Platinum and Northam Platinum. Anglo American's output was 2,311koz in 2021, up by 106% on 2020. Sibanye Stillwater produced 1,252koz, an increase of 16%, and output from Impala Platinum was 1,077koz, an increase of 12% on the previous year.
For more detailed analysis of global platinum mining, buy the report here.
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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s Commodity Analyzer tracks production, consumption, imports and exports of 17 key commodities across 60 countries, whilst its Mines & Projects Database tracks over 30,000 mines and projects with 200+ data fields for each, including production, operating costs, equipment and key mine-site contacts.
