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.