Reviewed August 2026 against Kitco Fundamentals, Statista, and USGS/Natural Resources Canada reserve data.

Try it: Run your own numbers →

Rhodium is found almost entirely as a byproduct of platinum and nickel mining, not as its own ore. South Africa’s Bushveld Complex supplied about 81% of the world’s mined rhodium in 2025, Russia’s Norilsk-Talnakh about 10%, Zimbabwe’s Great Dyke about 6% and the USA and Canada together about 2%. Total mine output was 701,000 troy ounces (21.8 tonnes), according to the Johnson Matthey PGM Market Report 2026. Kitco quoted a bid of $8,525 per ounce on 28 September 2026 (Kitco).

Global Rhodium Supply Share by Country, 2024 South Africa 80% Russia 12% Zim 4% US/CA 3% 0% 50% 100% Source: Kitco Fundamentals, online.kitco.com/fundamentals/rhodium-investment, 2024

Where Is Rhodium Found? The Short Answer

If you searched “where can rhodium be found” expecting a mineral you could point to on a map the way you’d point to a copper porphyry or a salt dome, the honest answer is: you can’t, because rhodium doesn’t form its own deposits. It occurs at trace concentrations inside platinum-group-metal (PGM) ore alongside platinum, palladium, and nickel, and it only becomes “rhodium” after a refinery separates it out. Four places account for essentially all of the world’s supply:

  • South Africa โ€” the Bushveld Complex, ~80% of 2024 global mine supply (Kitco)
  • Russia โ€” Norilsk-Talnakh, ~12% of 2024 global supply (Kitco)
  • Zimbabwe โ€” the Great Dyke, ~4% of 2024 global supply (Kitco)
  • USA and Canada combined โ€” ~3% of 2024 global supply (Kitco), concentrated at Montana’s Stillwater Complex and Ontario’s Sudbury Basin

Other countries add about 7,000 oz (1%). Separately, recycling of old catalytic converters returned about 312,000 oz to the market in 2025 (Johnson Matthey). No country outside that list produces rhodium at a scale that shows up in global statistics.

Rare Earth Boom 2025 ๐Ÿš€ AI, Satellites & Metagenomics Redefine Canadian Critical Minerals

Where Is Rhodium Mined? Region by Region

South Africa: the Bushveld Complex

The Bushveld Complex, centered on Rustenburg, is the reason South Africa dominates this market. Johnson Matthey puts South African primary rhodium supply at 566,000 oz (17.6 tonnes) in 2025, down from 645,000 oz in 2021 (Johnson Matthey). No other region comes close. The Bushveld’s PGM reef is mined for platinum and palladium first; rhodium is recovered as one of several byproducts from the same ore stream.

Russia: Norilsk-Talnakh

Russia’s Norilsk-Talnakh complex in Siberia is the world’s second-largest rhodium source, at 68,000 oz, about 10% of primary supply in 2025 (Johnson Matthey). Here rhodium rides along with nickel and copper mining rather than platinum mining โ€” the ore body is a nickel-copper-PGM deposit, so rhodium output is tied to nickel production economics as much as to platinum prices.

Zimbabwe: the Great Dyke

Zimbabwe’s Great Dyke PGM belt supplied 45,000 oz, about 6% of primary rhodium, in 2025 (Johnson Matthey). Much of its concentrate and matte is shipped to South Africa for refining.

United States and Canada

The Stillwater Complex in Montana โ€” the J-M Reef โ€” is the only significant primary PGM mine in the US, but it is a palladium-rich reef and yields little rhodium. Canada’s rhodium comes out of the Sudbury Basin in Ontario, again as a byproduct โ€” this time of nickel-copper mining, similar to the Russian setup. Combined, the USA and Canada supplied only 15,000 oz of primary rhodium in 2025, about 2% of the world total (Johnson Matthey). The US Geological Survey doesn’t break out Stillwater’s rhodium output as a standalone public figure โ€” it’s treated as proprietary company data โ€” so if you need a current US production number, the Stillwater/Sibanye-Stillwater investor disclosures and press releases are the only route to it; USGS aggregates it into the broader PGM category.

Rhodium Mine Supply by Country, 2021โ€“2025

The most detailed public series on rhodium supply comes from Johnson Matthey, which tracks primary (mined) supply by region each year. Figures are thousand troy ounces (Johnson Matthey PGM Market Report 2026).

Region 2021 2022 2023 2024 2025
South Africa 645 570 548 593 566
Russia 53 54 75 64 68
Zimbabwe 42 43 46 45 45
North America 17 20 19 20 15
Others 6 6 7 7 7
Total mine supply 763 693 695 729 701
Recycling (autocatalysts) 361 339 289 292 312
Total demand 1,014 1,009 1,061 1,030 1,063

Three things stand out. South Africa’s output has drifted down from 2021, so the world has become no less dependent on it. North America’s share is small because Stillwater’s reef is rich in palladium, not rhodium. And mine supply alone has not covered demand in any of these years: recycled converters supply close to a third of the metal used, with stocks covering the rest.

Why You Can’t Find Rhodium on Its Own

Key Insight:
Rhodium is never mined as a standalone ore. It exists in the earth’s crust at concentrations too low and too dispersed to justify mining for rhodium alone โ€” it only becomes economic because it rides along with platinum, palladium, and nickel ore that’s already being processed for those metals.

This is the part an AI summary tends to flatten into “it’s found in ore deposits,” which is true but not useful. In practice, a mining company at the Bushveld Complex or Norilsk-Talnakh isn’t running a rhodium mine โ€” it’s running a platinum or nickel mine, and rhodium comes out the far end of the refinery as one line item among several. That has two consequences worth knowing if you’re evaluating supply risk:

  • Rhodium supply can’t respond quickly to rhodium prices. If rhodium spikes, a mining company can’t simply “mine more rhodium” โ€” output is set by platinum and nickel production decisions, and rhodium is stuck riding along.
  • Ore ratios vary by deposit. The Bushveld ore carries a different platinum:palladium:rhodium ratio than Norilsk-Talnakh or Sudbury ore, which is part of why South Africa’s share of rhodium supply (80%) is even higher than its share of platinum supply generally.
Common Mistake:
Searching for a “rhodium deposit” or a “rhodium mine” the way you’d search for a gold mine. There isn’t one. Every gram of mined rhodium in the world comes out of a platinum, palladium, or nickel operation.

How Satellites Find Uranium in Zimbabwe: Made Simple!

Reserves: How Much Rhodium Is Actually Left

Reserve data for rhodium specifically is limited because geological surveys report platinum-group metals as a combined category rather than breaking out rhodium’s share. Here’s what is published:

  • Global PGM reserves: approximately 63,000 metric tonnes, combining platinum, palladium, rhodium, and the other PGMs (USGS data via Natural Resources Canada).
  • South Africa’s share of global PGM reserves: approximately 83% (USGS-sourced data via Statista) โ€” an even higher concentration than its 80% share of current rhodium supply, meaning the long-run picture tilts toward South Africa even more than the annual production numbers do.
  • Stillwater Complex, Montana: reserves estimated above 700,000 ounces of rhodium specifically โ€” one of the only deposits where a rhodium-specific reserve figure is published (MGS Refining).

What isn’t published: a reserve figure for rhodium alone at the Bushveld Complex or Norilsk-Talnakh, or Zimbabwe’s Great Dyke, separate from the platinum/palladium/nickel reserve it’s blended into. If you need that breakdown for investment or feasibility work, it generally has to come from a specific mining company’s own resource statement (e.g., Sibanye-Stillwater, Norilsk Nickel, or Impala Platinum’s technical reports) rather than a national geological survey, since surveys don’t delineate reserves by individual PGM.

Arizona Copper Boom 2025 ๐Ÿš€ AI Drones, Hyperspectral & ESG Tech Triple Porphyry Finds

Deposit Comparison Table

The table below is the fast answer to “where is rhodium mined” โ€” the four regions that matter, what they’re mined alongside, and what share of global supply each holds.

Region Deposit Mined Alongside Share of 2025 Primary Rhodium Supply Notable Data Point
South Africa Bushveld Complex, Rustenburg Platinum, palladium ~80% 566,000 oz (17.6 t) primary supply in 2025 (Johnson Matthey)
Russia Norilsk-Talnakh, Siberia Nickel, copper ~10% World’s second-largest source; output tracks nickel-copper mining economics
Zimbabwe Great Dyke Platinum, palladium, nickel ~6% Smallest of the four major sources, but the fastest-growing in investment terms
USA Stillwater Complex, Montana (J-M Reef) Platinum, palladium ~2% (combined with Canada) Palladium-rich reef; small rhodium byproduct
Canada Sudbury Basin, Ontario Nickel, copper ~2% (combined with USA) Byproduct of one of the world’s largest nickel-mining districts

Source and refresh path: Kitco Fundamentals (online.kitco.com/fundamentals/rhodium-investment) publishes updated regional supply shares; Statista’s country-level tonnage (Rhodium production volume worldwide by country) is updated annually. The USGS Mineral Commodity Summaries, published each January, is the underlying government source both draw from โ€” check that release for the most current year’s figures before citing this table.

Where the Rhodium Goes: Demand and the Converter Math

Knowing where rhodium is mined only answers half the question people are actually asking โ€” the other half is why it’s worth chasing at all. On 28 September 2026 Kitco quoted rhodium at a bid of $8,525 per troy ounce (Kitco). Global demand was 1,063,000 oz in 2025, against mine supply of 701,000 oz and recycled supply of 312,000 oz, leaving a deficit of about 50,000 oz met from stocks (Johnson Matthey PGM Market Report 2026). Recycling covered roughly 29% of demand.

Rhodium Spot Price vs. 2025 Global Demand Global Demand (oz) Spot Price ($/oz) 0 345,500 691,000 0 4,275 8,550 $8,550/oz 691,000 oz Source: KITCO, metalsgems.com, Aug 2026

The overwhelming end use is automotive. A standard gasoline catalytic converter contains roughly 1โ€“2 grams of rhodium (AutoNation Mobile Service), which is why rhodium demand tracks vehicle production and emissions-standard tightening rather than jewelry or electronics trends. At $8,525/oz โ€” which works out to about $274 per gram โ€” even that small quantity carries real value, which is the whole reason catalytic-converter theft and recycling markets exist.

Refresh path:
Rhodium spot price updates daily and is quoted in real time with no reporting lag โ€” check Kitco’s rhodium chart for the current figure rather than relying on this article’s September 2026 price. Global production and reserve figures update on a slower cycle: the USGS Mineral Commodity Summaries republishes each January, and the International Precious Metals Institute issues quarterly production updates.

Calculator: Rhodium Value in Your Catalytic Converter

Since the rhodium content of a converter and the daily spot price both move, here’s a way to price your own scenario instead of relying on a number that’s already stale by the time you read it.

Interactive

Run your own numbers

Estimated rhodium value: โ€”

Assumptions: uses the standard 1โ€“2g rhodium range for a gasoline catalytic converter (AutoNation Mobile Service) and converts spot price per troy ounce (31.1035 grams) to a per-gram figure. It does not account for refining/recovery losses, platinum or palladium also present in the same converter, or scrap-buyer discounts off spot โ€” actual payout from a recycler will be lower than this raw metal value.

How New Rhodium Deposits Get Found Today

Because rhodium only ever shows up inside PGM ore, finding new supply means finding new platinum-nickel-copper deposits โ€” the same exploration problem as any other PGM project, just with rhodium as one of the payable byproducts. This is where mineral exploration technology matters more than it does for a standalone commodity: a company exploring for a new PGM body in an underexplored part of the Bushveld margin or a Great Dyke extension needs to screen large areas before committing to drilling.

Key Insight:
Farmonaut’s satellite-based mineral detection service uses multispectral and hyperspectral Earth observation data to flag geologically favorable zones for PGM-bearing intrusions before any ground crew is mobilized โ€” relevant anywhere a Bushveld-style or Great Dyke-style layered intrusion might extend beyond currently mapped boundaries.
  • ๐Ÿ›ฐ๏ธ Rapid Discovery: Multispectral and hyperspectral satellite sensing reduces fieldwork time by 80โ€“85% relative to ground-survey-first approaches.
  • ๐ŸŒ Global Coverage: Screening works across the same terrain types that host layered PGM intrusions, from the Bushveld’s exposed reef to less-explored margins elsewhere.
  • ๐Ÿ’ฐ Cost Savings: Concentrates drilling budgets on the highest-probability structural targets instead of speculative grid drilling.
  • ๐ŸŒฑ Zero Disturbance: Satellite-based screening is non-invasive, which matters in PGM districts where community and environmental permitting is already a long process.

The satellite based mineral detection service also outputs 3D structural visualization, letting a geology team see likely mineral zones and drilling angles before field deployment โ€” see a sample here: satellite driven 3d mineral prospectivity mapping. This applies to PGM-nickel exploration the same way it applies to any layered or vein-hosted target.

Ready to scope a PGM or byproduct-metal exploration target? Get a quote for a prospectivity report, or contact Farmonaut to discuss what data already exists for your area of interest.

Satellite Mineral Exploration 2025 | AI Soil Geochemistry Uncover Copper & Gold in British Columbia!

A Note on Sulfur Mining

If you arrived here also wondering about sulfur, that topic has moved to its own dedicated coverage, since sulfur’s supply picture (oil-and-gas byproduct recovery, salt-dome mining, volcanic sourcing) is a genuinely separate story from rhodium’s PGM-byproduct model. Start with sulfur mining extraction methods for how modern sulfur recovery actually works, or agricultural sulfur and sulfur salts deposits for the fertilizer-industry side. Sulfur recovery is also tightly linked to natural gas processing โ€” see how that plays out at one of the world’s largest gas developments in Jafurah gas and Saudi energy-agriculture. And because both rhodium and sulfur mining carry water-management obligations, see water management in mining operations for the operational side of that requirement.

Manitoba Rare Earth Soil Hack 2025 | AI Metagenomics, Microbial Markers & Critical-Mineral Boom

FAQ: Where Can You Find Rhodium

Q1: Where can you find rhodium?

A: Rhodium is found only as a byproduct within platinum-group-metal ore, never as a standalone deposit. South Africa’s Bushveld Complex supplied about 81% of mined rhodium in 2025 (Johnson Matthey), with Russia’s Norilsk-Talnakh (~10%), Zimbabwe’s Great Dyke (~6%) and the combined USA/Canada (~2%) making up nearly all of the rest.

Q2: Where is rhodium mined specifically?

A: The Bushveld Complex near Rustenburg, South Africa; the Norilsk-Talnakh complex in Siberia, Russia; the Great Dyke in Zimbabwe; the Stillwater Complex (J-M Reef) in Montana, USA; and the Sudbury Basin in Ontario, Canada. Every one of these mines platinum, palladium, or nickel first โ€” rhodium is recovered from the same ore during refining.

Q3: Where do you find rhodium in the USA?

A: The Stillwater Complex in Montana is the only significant US source, and it yields rhodium only as a minor byproduct of palladium and platinum. The USA and Canada together supplied about 2% of mined rhodium in 2025 (Johnson Matthey), so North America is a minor player compared with South Africa or Russia.

Q4: Why is rhodium never mined on its own?

A: Rhodium occurs at trace concentrations too low to justify a mine built for rhodium alone. It only becomes economically recoverable because it’s extracted from ore that’s already being mined and refined for platinum, palladium, or nickel โ€” that’s true in every producing region, with no exceptions in current global supply.

Q5: How much rhodium is mined each year, and is it running out?

A: Mine production was 701,000 troy ounces (21.8 tonnes) in 2025, plus 312,000 oz from recycling (Johnson Matthey). Reserves aren’t broken out by rhodium in national statistics, but global PGM reserves total more than 76,000 metric tonnes, about 83% of it in South Africa (USGS). Supply isn’t close to exhausted, but it’s heavily concentrated โ€” a disruption in South Africa affects the whole market disproportionately.

Q6: What is rhodium used for, and does that affect where it’s mined?

A: The dominant use is automotive catalytic converters, which contain about 1โ€“2 grams of rhodium each (AutoNation Mobile Service); 2025 global demand was about 1,063,000 troy ounces, of which automotive took 899,000 oz (Johnson Matthey). Because demand is driven by vehicle emissions standards rather than jewelry or investment demand, mine output doesn’t respond quickly to price โ€” supply is fixed by platinum and nickel mining decisions, not by rhodium’s own market.

DRCโ€™s Copper Wealth: Unlocking Africaโ€™s Mineral Potential

Conclusion & Resources

Rhodium is found in exactly four places that matter at scale โ€” the Bushveld Complex in South Africa, Norilsk-Talnakh in Russia, the Great Dyke in Zimbabwe, and the Stillwater Complex/Sudbury Basin split between the USA and Canada โ€” and in every one of them, it’s mined as a byproduct of platinum, palladium, or nickel, never on its own. South Africa’s roughly 81% share of 2025 mine supply (Johnson Matthey) and 83% share of global PGM reserves (USGS-sourced data) mean that country’s mining policy and labor conditions are the single biggest variable in rhodium availability worldwide.

Global Rhodium Supply vs Demand Troy Ounces 0 250k 500k 750k 1M 1,000,000 oz Supply 691,000 oz Demand Source: Kitco & Industry Forecasts, 2024โ€“2025

The durable way to track this going forward, since every figure above will move: check the USGS Mineral Commodity Summaries each January for the updated country-by-country production table, check Kitco’s rhodium price chart for the current spot price, and check Kitco Fundamentals or Statista for the current-year regional supply-share breakdown before citing any number as current.

  • South Africa remains the single point of concentration for rhodium supply.
  • Rhodium’s fate is tied to platinum and nickel mining economics, not its own market.
  • North America (USA + Canada) supplies only about 3% of the world’s rhodium.
  • New PGM deposits are increasingly located via satellite screening before drilling begins.
  • For exploration in PGM-bearing terrain, request a custom mineral intelligence quote from Farmonaut.

Further Reading & Actions

How Satellites Find Lithium in Nigeria: Made Simple!








Farmonaut Farmonaut Trusted by 200,000+ users and 100+ businesses 200,000+ users trust us African Venture Partners HoldingComfix & Engineering LimitedCritica Metals LimitedImperial Impex FZECongo Mining SolutionsCIMISCO SARLViahara MiningMining SARLSenGold Invest SASSahel Shipping SASania CorporationSahara MiningEnterprise TakreemSean Mining LimitedSMA Investments LtdNTS Group (Pty) LtdKlusetic Mining InvestmentsMine4AfricaTimestream MiningLithspo Minerals LimitedMulopwe Metals Mining LtdRains of FavourTintina Mining GroupHuckleberry Garnet LLCProcess Metrology LLCWSP Investment CompanyDalgety Minerals Pty LtdVortex Minerals Pty LtdSwati MineralsFaith At Work (Pty) LtdGeotech Mining Solutions plcVulcan International LimitedKidepo AssociatesGKY MiningAlkimy SARLDouble A TradingTipareth MinesGeoticgyGemSprout Metals LimitedSouthbridge & Wess PDC Ltd Get started