Australia
Australia is the ninth largest platinum producer in the world, with an average annual production of 135 kilograms. In 2021, Australia produced 0.1 metric tons of platinum from mining. Historically, production of platinum has fluctuated between 0.2 and 0.1 metric tons.
- In 2021, Australia exported $28M in Platinum, making it the 35th largest exporter of Platinum in the world.
- The six metals that make up the platinum group are ruthenium, rhodium, palladium, osmium, iridium, and platinum. These metals are extracted from Australian soil along with other minerals like copper and nickel.
- Some companies that produce platinum in Australia are: Podium Minerals, Midas Minerals and Vale SA.
- In Australia, mining sector is mainly involved in commodities like lithium, copper, and nickel, which are crucial for low-emissions technologies, platinum-specific mining is not a primary focus.
Top 10 Largest Platinum Producing Countries in the World
South Africa is the largest producer of platinum, producing more than twice as much as the rest of the world combined. In 2022, the global platinum mine production reached 188.5 metric tons, with the top five nations contributing to 97.8% of the world’s total.
In this article, we will discuss the List of Top 10 Platinum Producing Countries in 2023, along with a detailed explanation of each country.