Platinum Mining Crisis Explained Platinum is facing a supply crisis driven by declining mine output in South Africa, collapsing secondary recycling flows, concentrated geopolitics, and strained infrastructure and investment that together have created a persistent shortage rather than a temporary…
Russia plays a key role in the global platinum market as one of the top exporters, but Western sanctions have created challenges for its shipments. In 2023, the country exported $6.84 billion worth of platinum, ranking second worldwide behind South…
South Africa produces about 80 percent of the world’s platinum, but its mining industry faces tough challenges that keep output low and costs high. These problems create ongoing shortages in the global platinum market. One big issue is production constraints…
Platinum is a shiny, white precious metal used in car parts to clean exhaust, jewelry, and new tech like hydrogen fuel cells. A few countries mine most of it, with South Africa leading by a wide margin. In 2024, the…
Platinum comes mainly from deep underground mines in a few countries, where it is found mixed with other metals like nickel and copper. It also turns up in river sands and old mine waste, though in smaller amounts. Most platinum…
Platinum is scarce because most of the world’s supply comes from a few difficult mines, production has been constrained by technical and political problems, recycling and new mine investment are limited, and recent demand shifts have pulled physical metal into…
Global Platinum Shortage Explained Platinum is in a deep shortfall because mine output has stalled while demand from several directions has risen and physical metal has been pulled into inventories, creating tight regional markets and high borrowing costs for the…
Platinum supply and demand explained Platinum is a rare metal used both as an industrial material and as an investment asset, and its price is set by how much of the metal is produced, reused and wanted by industry and…
Platinum prices swing based on supply shortages, demand from cars and investors, and global events like mining problems in South Africa. The biggest driver right now is a mismatch where demand outpaces supply, creating deficits that push prices up. For…
Platinum looks set to remain a structurally tight market for investors over the near term, supported by continued supply constraints, recovering industrial and jewelry demand, and growing interest from investors and green-technology users, all of which have driven strong price…
