Global Platinum Mining to 2024 – Updated with Impact of COVID-19
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Global platinum production is expected to fall by 7.8% in 2020, to 5,549koz, due to the temporary closure of mines and operational disruption occurring due to the COVID-19 pandemic in major producing countries. South Africa, Russia and Zimbabwe are the top global platinum producing nations and are significantly impacted by the pandemic. Looking ahead, GlobalData estimates that with 41 platinum projects in the pipeline, along with the full-scale resumption of industrial activities post-COVID-19, the global metal production is expected to witness a sustainable growth over the forecast period (2020–2024). A sizeable share of demand for PGM (platinum group metals) comes from the automobile industry, as the metals are used for autocatalysts to reduce greenhouse gas emissions. However, with growing environmental concerns and implementation of the China 6 and Europe 6 standards, the manufacturers in China and Europe are preferring palladium over platinum to meet the emission norms.
Scope
The report contains an overview of global platinum mining industry along with an outlook of platinum demand from the automobile and jewellery industry. It also provides detailed information on reserves, reserves by country, production, production by country, production by company, major operating mines, competitive landscape, major exploration and development projects, platinum prices, consumption, and major exporters and importers.
Reasons to Buy
Comprehensive evaluation of the impact of COVID-19 on the global platinum industry
To gain an understanding of global platinum mining industry and relevant demand drivers
To understand historical and forecast trend on global platinum production, and consumption
To identify major platinum exporting and importing nations
To assess the key players in the global platinum mining industry and the relative output
To gain an understanding of major platinum active, exploration and development projects
To understand platinum demand from automobile and jewellery industry
Impala Platinum Holding Ltd and MMC Norilsk Nickel
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