The largest platinum producing country by far is South Africa, having produced an estimated 120 metric tons of platinum in 2016. Russia is the second-largest platinum producing country in the world, with a significantly lower production of an estimated 23 metric tons in that year. In the United States, which is the world's fifth-largest platinum producer, Stillwater Mining Co. is the only company that produces platinum. Stillwater Mining Co. produced some 118,000 ounces of platinum in 2015. Anglo American Platinum is the world's largest platinum producing company, with a production of some 2.38 million ounces of platinum in 2016.
Global platinum demand is dominated by China, having demanded 2.14 million ounces in 2015 out of a total global demand of 7.57 million ounces. Following China in platinum demand is all of Europe, demanding 1.93 million ounces that year. By 2021, it is forecast that the platinum demand worldwide will amount to some 8.65 million ounces.