Rhodium: supply worldwide 2025| ��ƽ��

Supply of rhodium worldwide from 2010 to 2025 (in 1,000 ounces)

Characteristic	Demand in thousand ounces
2025*	691
2024	714
2023	702
2022	693
2021	763
2020	612
2019	745
2018	757
2017	760
2016	773
2015	754
2014	617
2013	701
2012	720
2011	765
2010	734

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Release date

May 2025

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Region

Worldwide

Survey time period

2010 to 2025

Supplementary notes

* Forecast.

Supply figures represent estimates of sales by the mines of primary platinum group metals and are allocated to where the initial mining took place rather than the location of refining. Additionally, the source reports sales of metal that they believe has not previously been priced, principally sales of Russian state stocks, as supplies.
This statistic was assembled using several editions of the report.

Citation formats

As of May 2025, it was estimated that the global supply of rhodium stood at approximately 691,000 ounces. Rhodium is considered one of the rarest and most valuable metals in the world.

Rhodium: the rare PGM

Rhodium is a silver-colored platinum group metal (PGM) that is highly reflective and resistant to corrosion and oxidation. Platinum group metals include rhodium, platinum, ruthenium, iridium, osmium, and palladium. Rhodium is the rarest metal in the platinum family and occurs in the Earth’s crust at a rate of around one part per 200 million. It is primarily used in catalytic converters to clean motor emissions or as a finishing metal for jewelry. Despite having a stable supply globally, the demand for rhodium has been increasing over time.

Platinum-group metals: expensive precious metals

Platinum-group metal mine production has been stable in recent years. Platinum is one of the most expensive metals to produce due to its low concentration within the ore from which it is mined. The price of production varies greatly between the countries in which it is produced, with South Africa having the highest cost of production for platinum. The world’s leading producer of platinum as of 2019 was Anglo American Platinum Ltd.