Iridium
Projects
Major Iridium Projects Worldwide
The development pipeline for Iridium projects spans exploration through production across multiple jurisdictions. These projects that will shape the future supply landscape for this platinum group metal.
Current Production
7.5
tonnes
Top Producer
South Africa
85% share
Projects Tracked
0
Reserves
~1,000 tonnes (estimated in-ground PGM resources)
Government Support and Strategic Initiatives
Recognizing the strategic importance of Iridium, governments in major consuming nations have launched programs to support project development. These include direct financing, loan guarantees, streamlined permitting, and bilateral resource partnerships. As a USGS-listed critical mineral, Iridium projects are eligible for various U.S. government support mechanisms including the Defense Production Act Title III program. EU Critical Raw Materials Act provisions enable fast-track permitting and financing support for Iridium projects within the EU and partner nations.
Key Industry Developments
Recent developments affecting the Iridium project landscape:
Iridium prices surged from $50,000/kg to over $180,000/kg as hydrogen electrolyzer hype drove speculative demand against tiny supply
Green hydrogen project announcements implied iridium demand potentially exceeding total global supply, sparking concerns about PEM electrolyzer scalability
Research intensified on reducing iridium loading in PEM electrolyzers; some designs achieved 80% reduction in iridium content per unit of capacity
Prices stabilized at $130,000-170,000/kg as hydrogen project timelines extended and iridium thrifting progressed
More on Iridium
Explore other aspects of the Iridium value chain.
Uses & Applications
Explore uses & applications for Iridium.
Supply Chain
Explore supply chain for Iridium.
Mining & Processing
Explore mining & processing for Iridium.
Refining & Grade Specs
Explore refining & grade specs for Iridium.
Recycling
Explore recycling for Iridium.
Substitutes
Explore substitutes for Iridium.
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