The Global Rhodium Market was valued at USD 2179.4 Million in 2022 and is projected to reach USD 2954 Million by 2029, growing at a Compound Annual Growth Rate (CAGR) of 4.4% during the forecast period (2024–2029). This growth is being driven by stringent automotive emission regulations, rising demand from the chemical manufacturing sector, and the accelerating adoption of rhodium-based catalysts across glass manufacturing and electronics industries.

As global industries intensify their focus on reducing environmental impact and improving process efficiency, the spotlight is on the key platinum group metal producers who are driving innovation, supply chain stability, and cleaner industrial processes. In this blog, we profile the Top 10 Companies in the Rhodium Industry—a mix of mining giants, integrated producers, and recycling specialists shaping the future of critical metal supply chains.

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🔟 1. Anglo American Platinum (Amplats)

Headquarters: Johannesburg, South Africa
Key Offering: Primary rhodium production, PGM concentrates, and catalyst solutions

Anglo American Platinum is the world’s largest primary producer of platinum group metals, including high-purity rhodium. Their operations span several major mining complexes in South Africa’s Bushveld Igneous Complex, which holds approximately 80% of global PGM reserves. The company supplies rhodium to automotive catalyst manufacturers, chemical processors, and glass producers globally.

Sustainability Initiatives:

• Commitment to carbon-neutral operations by 2040

• Investment in advanced smelting and refining technologies

• Development of closed-loop recycling systems for PGMs

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9️⃣ 2. Sibanye-Stillwater

Headquarters: Johannesburg, South Africa
Key Offering: Primary rhodium production, recycled rhodium, and PGM alloys

Sibanye-Stillwater operates as one of the world’s largest PGM producers, with extensive mining operations in South Africa and the United States. The company is a critical supplier to the global automotive catalyst market and maintains substantial rhodium production capacity.

Sustainability Initiatives:

• Implementation of industry-leading safety and environmental standards

• Expansion of recycling operations to increase secondary rhodium supply

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8️⃣ 3. Impala Platinum Holdings (Implats)

Headquarters: Johannesburg, South Africa
Key Offering: Refined rhodium, PGM concentrates, and catalyst materials

Impala Platinum is a major integrated producer of platinum group metals, including high-purity rhodium. The company’s integrated operations span mining, concentration, smelting, and refining processes across multiple locations.

Sustainability Initiatives:

• Water recycling and conservation programs at all operations

• Development of advanced hydrometallurgical processes for PGM recovery

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7️⃣ 4. Norilsk Nickel

Headquarters: Moscow, Russia
Key Offering: Refined rhodium, nickel-copper-PGM concentrates

Norilsk Nickel is one of the world’s largest producers of nickel and palladium, and a significant producer of rhodium. The company’s operations in Russia’s Polar region contribute substantially to global rhodium supply.

Sustainability Initiatives:

• Implementation of comprehensive environmental monitoring systems

• Investment in sulphur dioxide capture and utilization technologies

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6️⃣ 5. Northam Platinum

Headquarters: Johannesburg, South Africa
Key Offering: Rhodium-containing PGM concentrates, refined rhodium metal

Northam Platinum operates the Zondereinde and Booysendal mines in South Africa, producing substantial quantities of rhodium alongside other platinum group metals.

Sustainability Initiatives:

• Development of energy-efficient mining and processing technologies

• Community development and local economic empowerment programs

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5️⃣ 6. Heraeus Precious Metals

Headquarters: Hanau, Germany
Key Offering: Rhodium chemicals, PGM catalysts, and specialized alloys

Heraeus operates as both a refiner and fabricator of precious metals, including high-purity rhodium products for industrial applications.

Sustainability Initiatives:

• Advanced industrial catalyst development for emission control

• Global recycling network for PGM recovery from industrial waste streams

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4️⃣ 7. Johnson Matthey

Headquarters: London, United Kingdom
Key Offering: Rhodium-based catalysts, PGM refining services, and chemical compounds

Johnson Matthey is a global leader in sustainable technologies, producing advanced rhodium-based automotive catalysts and specialty chemicals.

Sustainability Initiatives:

• Development of next-generation PGM catalyst technologies

• Leadership in circular economy principles for precious metals

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3️⃣ 8. Umicore

Headquarters: Brussels, Belgium
Key Offering: Rhodium catalysts, PGM recycling systems, and specialty materials

Umicore operates as a leading global materials technology and recycling company, with significant operations in rhodium refining and catalyst manufacturing.

Sustainability Initiatives:

• Investment in closed-loop precious metals management systems

• Development of eco-friendly catalyst formulations

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2️⃣ 9. Vale SA

Headquarters: Rio de Janeiro, Brazil
Key Offering: PGM concentrates, refined rhodium products

Vale SA, primarily known for iron ore production, also operates nickel-PGM operations in Canada that contribute to global rhodium supply.

Sustainability Initiatives:

• Implementation of comprehensive environmental management systems

• Development of sustainable mining practices

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1️⃣ 10. Glencore

Headquarters: Baar, Switzerland
Key Offering: Rhodium metal, PGM concentrates, and recycling services

Glencore’s PGM operations, primarily through its interests in South African mining ventures, contribute to global rhodium availability.

Sustainability Initiatives:

• Development of comprehensive greenhouse gas reduction strategies

• Investment in technologies to improve PGM recovery rates

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🌍 Outlook: The Future of Rhodium Supply Is Diversified and Resilient

The rhodium market is undergoing a significant transformation as supply chain security, price volatility management, and sustainability considerations become increasingly critical for industrial consumers.

📈 Key Trends Shaping the Market:

• Increasing secondary rhodium recovery from spent automotive catalysts

• Development of alternative catalyst technologies to reduce rhodium dependency

• Strategic investments in PGM mining projects across new geographies

• Technological innovation in PGM refining and recycling processes

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Rhodium Market – View in Detailed Research Report

The companies listed above are not only supplying critical industrial materials—they’re maintaining the infrastructure that supports clean technology adoption across global industries.