Critical Materials Atlas
Critical material · profile · CN 7110 11 00

Platinum, unwrought

South Africa leads both the mining and the export of platinum, unwrought — a genuine, not an accounting, concentration.

39/100
supply-risk index
158 yr
reserve life (reserves ÷ mining)
🇿🇦 South Africa
lead reserves · 89%
🇿🇦 South Africa
lead miner · 67%
🇿🇦 South Africa
lead refiner · 70%
🇿🇦 South Africa
top exporter · 37%
0.17
export concentration (HHI)

Primary uses. catalytic converters; petroleum refining catalysts; jewelry; electronics; medicine.

South Africa’s share of world platinum, unwrought exports, 2002–2024: 39% → 37%

The chain — from the ground to the buyer

A critical material passes through distinct stages, and the country that leads each stage is often different — that gap is what this atlas exists to show. Each layer comes from a different public source with its own vintage, labelled below; shares are % of the world total.

● Reserves — where it could come from

Reserves are the deposits known to exist and economically worth mining — the long-run ceiling on supply, distinct from what is actually produced today. Platinum's reserves are highly concentrated: 🇿🇦 South Africa holds the most (89%), ahead of 🇷🇺 Russia (8%) and 🇿🇼 Zimbabwe (2%). At today's extraction rate the known reserves would last roughly 158 years, so scarcity is not the binding constraint — access, capital and processing capacity are. USGS 2024 · reserves as of 2023

🇿🇦 South Africa89%
🇷🇺 Russia8%
🇿🇼 Zimbabwe2%
🌍 Others (not detailed)1%

● Mined — where it is dug up today

Mining is where ore leaves the ground — the stage most people equate with “the source”, though it is rarely where the supply risk actually concentrates. Output is concentrated: 🇿🇦 South Africa supplies 67%, with 🇷🇺 Russia (13%) next. That is effectively a single-country dependence — one government's policy or one region's disruption can move the entire upstream. BGS World Mineral Statistics · mine production, 2000–2024 (USGS-validated)

year2023
🇿🇦 South Africa57%
🇷🇺 Russia24%
🇿🇼 Zimbabwe9%
🇨🇦 Canada5%
🇺🇸 United States3%
🇨🇳 China2%

● Refined / processed — where it becomes usable metal

Refining / processing converts ore into the metal or compound buyers actually purchase; it concentrates in fewer hands than mining and sits at the buyer's doorstep, which is why it is usually the true chokepoint. 🇿🇦 South Africa processes 70% — concentrated. South Africa leads both mining and refining, so its grip is structural rather than a pure processing gate. On the buffers: 14% of supply is recovered from end-of-life recycling and substitutes are scarce. leading refiner only — fuller breakdown not publicly reported

🇿🇦 South Africa70%
🌍 Rest — not separately reported30%

● Recycling & substitutability — the mitigants (EU CRM)

14% of supply comes from recycling end-of-life products. Substitutability is high — few or no alternatives, so a disruption bites hard.

● Traded — who ships it

Actual bilateral trade of the traded form, reconciled from UN Comtrade / CEPII BACI. Pick a year below — 2018–2024 measured, 2025* nowcast, 2026** directional scenario. The full 2002–2026 range is on the interactive atlas.

year2024
Top exporters — reconciled trade, 2024
Countrysharevaluetonnes$/t
🇿🇦 South Africa37%$5.3B168 t$31.6M/t
🇬🇧 United Kingdom9%$1.3B37 t$32.5M/t
🇦🇪 United Arab Emirates7%$1.1B176 t$6.0M/t
🇮🇹 Italy6%$855M25 t$32.0M/t
🇭🇰 Hong Kong6%$803M20 t$39.2M/t
🇯🇵 Japan5%$668M19 t$34.1M/t
Top importers — reconciled trade, 2024
Countrysharevaluetonnes$/t
🇨🇳 China23%$3.3B82 t$40.7M/t
🇮🇳 India11%$1.6B183 t$8.9M/t
🇯🇵 Japan10%$1.4B39 t$33.8M/t
🇺🇸 United States10%$1.4B52 t$26.8M/t
🇭🇰 Hong Kong9%$1.3B46 t$27.4M/t
🇬🇧 United Kingdom8%$1.1B40 t$27.7M/t

Context

Platinum-group metals - autocatalysts and the hydrogen economy. A concentrated non-China dependency: South Africa ~57%, with the UK and US behind. The naive view points at Germany (~43%); the origin is South Africa.

Explore platinum in the atlas → The origin gap Methodology

Every figure on this page is computed from out/data.json and out/flows_2024.json by build_profiles.py — no hand-entered numbers.