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Northern Hemisphere PGM Processing

In-depth research and analysis from experts

SFA (Oxford)'s Northern Hemisphere report focuses on processing analytics for the PGM smelters, and refineries of North America, Europe and Russia quantifying throughputs, material flows, feed/plant characteristics and typical commercial terms to assist strategic planning and motivate new investment opportunities.

Smelting and refining optionality

SFA leverages its in-depth understanding of PGM processing to create a unique supply-focused market intelligence report for the Northern Hemisphere covering the following key areas:

Mapping of the copper, nickel and PGM smelters and refineries to identify spare processing capacity:

  • Smelting design capacity, utilisation rates and transport links. 

  • Outside customers, favourable and unfavourable concentrate characteristics.

  • Base metals refining (BMR) design capacity, utilisation rates and transport links.

  • Precious metals refining (PMR) capacity, utilisation rates and transport links.

Analysis of regional material flows in North America, Russia and Europe from concentrate to PGM metals including by-products and secondary supply sources:

  • Geographic location (proximity to road, rail and ports, base material refinery and sources of feedstock).

  • Current Transatlantic PGM process flow, capacity and utilisation rates.

  • Spent autocatalyst trade flows.

Analysis of commercial terms:

  • Typical terms and conditions of PGM concentrate sales/tolling.

  • Typical penalty/tolling charges imposed by smelters based on concentrate characteristics and feed impurities.

  • Comparisons are also made to the typical terms offered for concentrate sale/tolling in South Africa and forecast PLANT utilisation rates for the major producers smelting, BMR and PMR.

Key characteristics of each smelter/refinery:

  • Typical characteristics in nickel and copper sulphides and what differentiates the South Africa producers in terms of precious metals refining.

  • PGM waste and recycle streams.

  • High-level processing flow sheets of major smelting and refining operations in the Northern Hemisphere.

Distinctive PMR characteristics in terms of PGM metal quality from a customer's perspective:

  • South African majors

  • Leading fabricators

Who should read this report?

  • Conglomerates, fabricators and PGM project juniors seeking to understand the range of processing options available to them to help secure further financing and secure future commercial relationships with leading players.

  • New business entrants that require business strategy, investment timing, long-term risks and opportunities, and an independent view of the Northern Hemisphere PGM processing market.


Live Q&A with the analysts

  • Our Northern Hemisphere PGM report is supported by a video call, most often hosted through MS Teams, which is led by Beresford Clarke, our metallurgical consultants, and our team of expert PGM analysts to highlight the key processing aspects and address any further questions you may have.

Contact one of our team for more details

Henk de Hoop

Chief Executive Officer

Beresford Clarke

Managing Director: Technical & Research

David Mobbs

Head of Marketing

Kimberly Berman

Energy Transition Technology and Metals Specialist

Yoshi Mizoguchi Owen

Marketing Associate: Japan

Jamie Underwood

Principal Consultant

Adele Rouleau

ESG and Critical Minerals Lead

Joel Lacey

Sales and Marketing Specialist

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Attend our next PGM event

The Oxford Platinum Lectures

Friday, 10 May 2024

New York 05:30 (EDT), London 10:30 (BST), Frankfurt 11:30 (CEST), Johannesburg 11:30 (SAST), Moscow 12:30 (MSK), Tokyo 18:30 (JST)

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New York PGM Lectures

Tuesday, 10 September 2024

New York 05:00 (EDT), London 10:00 (BST), Frankfurt 11:00 (CEST), Johannesburg 11:00 (SAST), Moscow 12:00 (MSK), Tokyo 18:00 (JST)

Our next event

Our special event returned to New York Platinum Week, discussing global events impacting the palladium market.

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