Ir

Iridium

Companies

Key Companies in the Iridium Value Chain

The Iridium industry encompasses at least 5 major companies from junior explorers and mine developers to integrated producers and downstream processors. With annual production of 7.5 tonnes and prices around 160,000-200,000 $/kg, the Iridium market supports a diverse corporate ecosystem.

Annual Production

7.5

tonnes

Market Price

160,000-200,000

$/kg

Top Producer

South Africa

85% share

Companies Tracked

5

Major Producers and Processors

The following companies are key participants in the Iridium supply chain:

Anglo American Platinum

Producer AMS.JO
South Africa

Worlds largest primary PGM producer; major source of iridium as a co-product from Bushveld Complex operations

Impala Platinum (Implats)

Producer IMP.JO
South Africa

Second-largest PGM producer globally; produces iridium from its South African and Zimbabwean operations

Sibanye-Stillwater

Producer SSW.JO
South Africa

Major PGM and gold producer; iridium co-product from Bushveld Complex PGM mines

Johnson Matthey

Refiner/Recycler JMAT.L
United Kingdom

Major PGM refiner and recycler; publishes daily iridium pricing; key supplier of iridium catalysts for electrolyzers

Heraeus

Refiner
Germany

Major PGM refiner and iridium processor for industrial and electrolyzer applications

Corporate Strategy Trends

Major consumers of Iridium across the spark plugs for aviation and electrochemical catalysts sectors are increasingly focused on securing long-term supply agreements, investing in supply chain traceability, and supporting new production sources to reduce exposure to the 85% concentration in South Africa.

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