Ru

Ruthenium

Projects

Major Ruthenium Projects Worldwide

The development pipeline for Ruthenium projects spans exploration through production across multiple jurisdictions. These projects that will shape the future supply landscape for this platinum group metal.

Current Production

35

tonnes

Top Producer

South Africa

85% share

Projects Tracked

0

Reserves

Part of PGM resources

Government Support and Strategic Initiatives

Recognizing the strategic importance of Ruthenium, 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, Ruthenium 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 Ruthenium projects within the EU and partner nations.

Key Industry Developments

Recent developments affecting the Ruthenium project landscape:

2020-2021

Ruthenium prices surged from $250 to over $800/oz driven by speculation about hydrogen electrolyzer applications and data center HDD demand

2023

Prices corrected as hydrogen timeline expectations moderated and HDD demand shifted toward flash/SSD storage for some applications

Return to the Ruthenium hub page or browse the full Mineral Library.