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Platinum Group Metals

Platinum group metals (PGMs) are a family of six metallic elements clustered together in the periodic table, comprising platinum, palladium, rhodium, ruthenium, iridium and osmium. These metals share similar physical and chemical properties, including high melting points, exceptional resistance to corrosion and oxidation, and catalytic capabilities that make them indispensable in industrial applications. PGMs are among the rarest elements in the Earth's crust, with global production concentrated in a handful of regions, most notably South Africa's Bushveld Complex, which holds approximately 75% of the world's known reserves, and Russia's Norilsk-Talnakh deposits. The automotive sector accounts for the largest share of PGM demand, where platinum, palladium and rhodium are essential components of catalytic converters that reduce harmful emissions from internal combustion engines. Beyond automotive applications, PGMs are critical in petroleum refining, chemical manufacturing, electronics, medical devices, jewellery and hydrogen fuel cell technology. Platinum and palladium are also traded as investment commodities on major exchanges, with prices subject to significant volatility driven by supply constraints, automotive demand cycles and shifts in environmental regulation. The mining and processing of PGMs is capital-intensive and technically complex, typically involving deep underground operations and energy-intensive smelting and refining processes. South Africa's dominance in PGM production has made the sector a cornerstone of the country's mining economy, though operational challenges including labour unrest, electricity supply constraints and declining ore grades have periodically disrupted output. The transition to electric vehicles poses both risks and opportunities for the PGM industry, potentially reducing autocatalyst demand while opening new markets in hydrogen fuel cells and battery technologies. Recycling of PGMs from spent catalytic converters and electronic waste has become an increasingly important secondary source of supply, helping to mitigate supply risks and reduce environmental impact.

Platinum Group Metals News


Valterra Platinum CEO Craig Miller.
AI helping to develop alloy for use in new applications, Valterra Platinum reports
Updated 7 hours ago By: Martin Creamer

Can you use AI to find new markets for platinum group metals (PGMs)? “The simple answer is yes,” was the reply of Valterra Platinum CEO Craig Miller to Mining Weekly during the latest media... 


The ribbon-cutting ceremony of a 2 kW PEM electrolyser at Sasol's R&T facility in Sasolburg
Sasol commissions PEM electrolyser to advance local hydrogen technology capability
31st July 2026 By: Lumkile Nkomfe

JSE-listed energy and chemicals group Sasol has, in collaboration with its public-sector and academic partners, commissioned a 2 kW proton exchange membrane (PEM) electrolyser system at the... 


Sibanye-Stillwater VP Chrome and Base Metals Babsie Crane.
Expansion plans pointing to 75% increase in Sibanye-Stillwater’s chrome volumes
31st July 2026 By: Martin Creamer

Chrome is a growing value contributor to the revenue base of Sibanye-Stillwater’s South Africa platinum group metals (PGM) portfolio, delivering margins, resilience and project support. Chrome has... 


Merafe reports lower output but guides for higher interim earnings
Merafe reports lower output but guides for higher interim earnings
27th July 2026 By: Sabrina Jardim

JSE-listed Merafe Resources has reported that its share of ferrochrome production from the Glencore Merafe Chrome Venture, in South Africa, amounted to 28 000 t for the six months ended June 30 – a... 


PwC Associate Director Smart Mining South Africa Ian Mackay.
AI can help fill South Africa’s cadastre with deposits, mine modernising event hears
27th July 2026 By: Martin Creamer

Instead of relying primarily on traditional geological interpretation, South Africa can turn to AI for help in the same way as has been done with huge success to discover Zambia’s biggest copper... 


An image of Impala Rustenburg
Implats Rustenburg temporarily suspends production following safety incidents
27th July 2026 By: Tasneem Bulbulia

Fully integrated platinum group metals producer Impala Platinum Holdings (Implats) has proactively suspended mining operations at its Impala Rustenburg complex from July 24 to 28, to conduct a... 


Research Institute for Innovation and Sustainability consultant Ashleigh Muller.
Modernisation of South African mining is an ‘urgent strategic priority’
24th July 2026 By: Martin Creamer

Mining modernisation, with private and public sectors as drivers, is an urgent strategic priority for the South African economy, a study undertaken by industry leaders, researchers, government... 


Photo of Martin Creamer
On-The-Air (24/07/2026)
24th July 2026 By: Martin Creamer

Martin Creamer discusses China’s platinum-focused Five-Year Plan, AI-driven efficiencies for lower-grade operations, and DRDGold’s R10-billion regional tailings storage expansion. 


China's PGMs focus, AI efficiencies, DRDGold's R10bn expansion make headlines
China's PGMs focus, AI efficiencies, DRDGold's R10bn expansion make headlines
24th July 2026

Mining Weekly Editor Martin Creamer talks about China’s Five-Year Plan, which has a focus on platinum group metals; the benefits of AI efficiencies, particularly for lower quality operations; and... 


Magazine cover image
AI could unlock discoveries if geologists stay in control
24th July 2026 By: Tasneem Bulbulia

The increasing uptake of AI in many spheres of life has also extended to geology, where it has found several applications with varying degrees of success, although there are myriad ethical, safety... 


A map indicating the global distribution and regional exposure profile of baseline water stress for mining and metals facilities
Competition for water resources a risk to the global energy transition, warns ICMM
22nd July 2026 By: Chanel de Bruyn

Mining and metals advocacy group the ICMM warns that water availability could, in many regions, act as a constraint on the development of new mines and related facilities, particularly for the... 


A generic image of palladium rocks
Sibanye-Stillwater appeals US decision over Russian palladium import dumping
21st July 2026 By: Lumkile Nkomfe

JSE-listed Sibanye-Stillwater has appealed a US International Trade Commission (ITC) ruling, arguing that unfairly subsidised and dumped Russian palladium imports are lowering global prices and... 


Photo of Martin Creamer
On-The-Air (17/07/2026)
17th July 2026 By: Martin Creamer

Martin Creamer talks about DRDGOLD's R10-billion investment in five new gold-from-waste projects, a R900-million-plus platinum group metals shaft development in North West province, and Mintek's... 


Caibai GM Caigang Ning, WPIC CEO Trevor Raymond, and WPIC Asia Pacific regional head Weibin Deng.
Platinum metals fundamentally key to China’s Five-Year Plan, WPIC reports
17th July 2026 By: Martin Creamer

Shanghai Platinum Week 2026 has served to highlight that platinum group metals (PGMs) are fundamentally key to the delivery of China’s 15th Five-Year Plan to 2030. China has earmarked close to... 


Eland conveyor from one of the decline
Eland mine complex, South Africa – update
17th July 2026 By: Sheila Barradas

Eland’s ramp-up continued on schedule during the 2026 financial year. 


Image of South Africa flag and periodic table symbols platinum, palladium, ruthenium rhodium, iridium and gold
Tharisa PGMs underground project, South Africa – update
17th July 2026 By: Sheila Barradas

The project remains on time and in line with budget. 


Aerial view of the headgear of the Platreef mine’s three shafts. The recently commissioned four-million-tonne-a-year Shaft #3 will be used to hoist ore for the Phase 1 operation as well as, from the fourth quarter of 2027, for the Phase 2 operations. Shaft #2 is currently being widened to a diameter of 10 m, making it the largest shaft in Africa.
Platreef palladium/rhodium/nickel/platinum/copper/gold project, South Africa – update
17th July 2026 By: Sheila Barradas

Commercial production is now expected in the fourth quarter of 2026. 


Sibanye-Stillwater VP Chrome and Base Metals Babsie Crane.
Expansion plans pointing to 75% increase in Sibanye-Stillwater’s chrome volumes
16th July 2026 By: Martin Creamer

Chrome is a growing value contributor to the revenue base of Sibanye-Stillwater’s South Africa platinum group metals (PGM) portfolio, delivering margins, resilience and project support. Chrome has... 


Mintek Post-Doctoral Research Fellow Dr Mandla Chabalala.
Mintek targeting global flotation research recognition, PGM Industry Day hears
14th July 2026 By: Martin Creamer

South Africa’s national mineral research organisation Mintek is targeting global recognition as a minerals flotation researcher, the State-owned organisation emphasised at its recent platinum group... 


An image of the Eland operation
Northam reports solid full-year production, sales performance
14th July 2026 By: Tasneem Bulbulia

JSE-listed Northam Platinum reports that each of its operations delivered a solid performance for the financial year ended June 30, while project development continues apace. Key production metrics... 


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pqt: 0.182s - ct: 0.238s - 275pq - 2rq
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