PLATINUM CORNER
Platinum Essentials

Latest Update
August 2025
End of life autocatalysts are a key source of recycling supply, however, only at economically viable PGM prices
In this Platinum Essentials, we assess the value chain associated with recycling platinum group metals (PGMs) within the automotive industry. Recycled automotive PGM supply has recently been more price elastic than traditionally believed, explaining why recycling supply forecasts heavily undershot from 2022 to 2024.