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Global platinum supply to fall in 2025, linked mainly to disruptions and mine closures
In 2025, global platinum production is expected to decline marginally, primarily driven by reduced output from South Africa and Russia. South Africa’s platinum production is forecast to decrease by 1.3% due to ongoing operational challenges, including mine closures, ageing assets, and cost-cutting measures. Notably, Sibanye-Stillwater has undergone significant restructuring over the past 18 months, leading to the closure of loss-making shafts such as Beatrix 4, Kloof 4, Kroondal Simunye, Marikana 4B, and the Kloof plant. Additionally, marginal shafts such as Marikana Rowland and Rustenburg Siphumelele have been ... (full story)