Highly concentrated PGM production to just a few regions

Primary production of platinum group metals is predominantly distilled to Southern Africa, North America and Russia. South Africa accounts for around 70% of platinum supply annually. Except for PGMs produced in the Kondyor, Koryak and Urals regions, Russian PGM supply is mainly generated as a by-product of nickel mining (from Nornickel) and is the world’s largest source of palladium. Russia is also the second-largest producer of platinum and rhodium. Other key platinum mining regions include Zimbabwe’s Great Dyke, the Stillwater Complex in the US, and Canada's Sudbury Basin.