According to GlobalData, Russia is the world’s second-largest producer of platinum in 2023, with output up by 2% on 2022. Over the five years to 2022, production from Russia decreased by a CAGR of 0.08% and is expected to drop by a CAGR of 2.53% between 2023 and 2027. GlobalData uses proprietary data and analytics to provide a complete picture of this market in its Global Platinum Mining to 2030 report. Buy the report here.
Russia accounts for 12% of global production, with the largest producers being South Africa, Russia, Zimbabwe and Canada.
MMC Norilsk Nickel is one of the leading producers of platinum in Russia. In 2021, the company’s output was up by 2% over 2020.
For more detailed analysis of global platinum mining, buy the report here.
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