Global Platinum Market Trends
Unique catalytic properties make platinum a widely used metal for industrial applications, with one-third of the global demand coming from the automotive industry alone.
Mining Technology monitors the global platinum market by tracking platinum prices and country-wise platinum production and consumption trends. We also observe the performance of platinum mining companies, active platinum mining operations, and the progress of major platinum mine development and exploration projects around the world.
Global platinum production has picked up after an 18% decline due to COVID-19 in 2020. Platinum production is forecast to reach seven million ounces (Moz) by 2025, according to GlobalData.