Recycling increasingly drives platinum supply growth

Annual global platinum supply by source, 2022–2026. Mine supply has remained broadly flat since 2022, leaving recycling to provide the growth in total platinum supply forecast for 2026.

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Mine supply includes refined production plus changes in producer inventories. Recycling comprises autocatalyst, jewellery and industrial recycling. (moz = million ounces) 2026 is a forecast.

Chart: Mining-Technology.comSource: World Platinum Investment Council