Which critical mineral are you working on?
Price, research, tools and supply map for one mineral, on one page.
Platinum
Follow Platinum on My deskMiningBridge Indicative Price
Free public sources, with source and period. Indicative only - not a trading price, not an offer, not advice. "Not published" means no free, current price exists; MiningBridge does not copy paid prices.
| Product | Price | Source and period | Freshness |
|---|---|---|---|
| Refined Platinum Ingot / Sponge (99.95% Pt) | $1,784 $/troy oz | World Bank, Sep 2026 monthly average | Current for its source |
- Largest producer
- South Africa 71%
- Concentration (HHI)
- 5,329
- Producing countries
- 6
- Export measures
- 0
Global Production by Country
USGS MCS 2026 ground truthTop producing jurisdictions, annual metric output (kilograms), and modeled global production shares.
| Country | Production (kilograms) | Global Share |
|---|---|---|
| South Africa | 120,000 | 71.1% |
| Russia | 20,000 | 11.9% |
| Zimbabwe | 18,000 | 10.7% |
| Canada | 5,000 | 3.0% |
| Other producers | 3,900 | 2.3% |
| United States | 1,800 | 1.1% |
Research
Free: read it now. Free with account: sign in, no card. Pro: part of Professional.
Analytics for platinum
Opens with Refined Platinum Sponge (Pt 99.95% min) selected and its usual route suggested: Refinery in Rustenburg to OR Tambo International + Armored Air Cargo to London/Zurich.
Sale price: $1,780 $/troy oz (MiningBridge Indicative Price, World Bank, Aug 2026 monthly average). Every input can be changed. Illustrative calculation, not advice.
Open Trade Desk for platinum →- Supply shocks & export rules →Take out a producer or apply a quota; see concentration and supply move.
- Processing economics →Grade, recovery and costs from feed to margin.
- By-products & tailings →What is left in a residue and what it could be worth.
- Mine closure →Rehabilitation liability and when it falls due.
- Haulage & carbon →Freight cost and emissions by route and mode.
- Smelter catchments →Which mines can feed a plant, or which plants can take your concentrate.
- Secondary recovery →Critical minerals in red mud, slag, fly ash and tailings, and who holds them.
Ask Victoria
Victoria answers from MiningBridge’s public research and cites her sources.
“What are the main supply risks and price drivers for platinum right now, and which countries matter most?”
Ask this question →Supply map
Open the supply model →Frequently Asked Questions: Platinum
Sourced & EmpiricalEmpirical intelligence on platinum production concentration, sovereign trade controls, and import reliance.
How concentrated is global mine production of platinum?▼
Global platinum extraction is highly concentrated with a Herfindahl-Hirschman Index (HHI) of 5,329. The leading producer is South Africa, representing 71% of global mine output, with 6 countries reporting commercial production, based on USGS Mineral Commodity Summaries (MCS 2026).
Which jurisdictions enforce export controls or bans on platinum?▼
According to USGS compilations effective January 2026, there are currently no major statutory export bans specifically restricting physical platinum shipments, though standard customs tariffs and cross-border transport regulations apply.
What is the net import reliance and critical supply vulnerability for platinum?▼
US net import reliance for platinum is recorded at 89%, with primary foreign supply originating from South Africa, Belgium, Germany, Italy. It is classified as an essential strategic mineral across US and Indian criticality lists.