South Africa is one of the world's leading producers of palladium, a precious metal that's part of the platinum group of metals. In 2023, South Africa was the second-largest producer of palladium, after Russia, with an estimated 71 metric tons mined. The Bushveld Igneous Complex in South Africa is home to the world's largest resource of platinum group metals (PGMs), which account for about 40% of the world's annual palladium production.
South Africa is one of the world's leading producers of palladium, a precious metal that's part of the platinum group of metals. In 2023, South Africa was the second-largest producer of palladium, after Russia, with an estimated 71 metric tons mined. The Bushveld Igneous Complex in South Africa is home to the world's largest resource of platinum group metals (PGMs), which account for about 40% of the world's annual palladium production.
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