Platinum
Mining & Processing
How Platinum Is Mined and Processed
Platinum (Pt) is a platinum group metal with global annual production of approximately 190 tonnes, primarily from South Africa and Russia. Typical ore grades range from 3-8 g/t PGM.
Annual Output
190
tonnes
Ore Grade
3-8 g/t PGM
Typical range
Top Producer
South Africa
72% share
Reserves
~70,000 tonnes (PGM resources)
Mining Methods
Platinum is extracted through the following methods, selected based on deposit type and geology:
- Underground mining (narrow reef stoping)
- Open-pit mining (Platreef)
- Mechanized mining
Ore Types and Mineralogy
The principal ore types and mineral sources for Platinum include:
- Merensky Reef
- UG2 Chromitite
- Platreef
Processing and Beneficiation
Following extraction, Platinum ore undergoes the following processing stages:
- Flotation and smelting
- Base metal refinery
- Precious metal refinery
- Selective precipitation
Major Mines and Production Centers
The following are key Platinum mining and processing operations worldwide:
Mogalakwena Mine
Anglo American Platinum
Worlds largest open-pit PGM mine; Platreef deposit with favorable Pt:Pd ratio; lower cost than underground Bushveld operations
Environmental and Regulatory Considerations
Mining and processing of Platinum must comply with environmental regulations governing water use, tailings management, emissions, and land rehabilitation. Increasingly stringent environmental standards are raising production costs but also driving innovation in cleaner extraction technologies. The social license to operate and community engagement have become critical factors in project development, particularly in South Africa where 72% of global production is concentrated.
More on Platinum
Explore other aspects of the Platinum value chain.
Uses & Applications
Explore uses & applications for Platinum.
Supply Chain
Explore supply chain for Platinum.
Refining & Grade Specs
Explore refining & grade specs for Platinum.
Recycling
Explore recycling for Platinum.
Substitutes
Explore substitutes for Platinum.
Investing
Explore investing for Platinum.
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