Canada
Canada is the fourth largest producer of platinum in the world. In 2022, Canada produced an estimated six metric tons of platinum, which is 3.2% of the world’s supply. In 2021, Canada produced about 700,000 troy ounces of platinum, with 73% coming from Ontario. The rest comes from Quebec, Manitoba, and Newfoundland and Labrador. Platinum was first found in Canada’s Ontario province in 1888.
- Canada has 310 tonnes of known platinum group metals (PGMs) reserves, which is about 9.6 million troy ounces.
- Platinum is often a by-product of nickel mining in Canada. The majority of Canada’s platinum comes from the Sudbury Basin in Ontario.
- Ontario accounted for 77.1% of production, with the remaining production coming from Québec (22.0%), Manitoba (0.8%), along with Newfoundland and Labrador (0.11%).
- In 2017, Canada’s platinum production peaked at 9.5 metric tons.
- Canada exports the majority of its platinum to the US.
Top 10 Largest Platinum Producing Countries in the World
South Africa is the largest producer of platinum, producing more than twice as much as the rest of the world combined. In 2022, the global platinum mine production reached 188.5 metric tons, with the top five nations contributing to 97.8% of the world’s total.
In this article, we will discuss the List of Top 10 Platinum Producing Countries in 2023, along with a detailed explanation of each country.