Platinum is recyclable and has a mature and established recycling value chain.
The high and repeatable recyclability of platinum means that the environmental burden of platinum production decreases with each recycling round. Due to its lower environmental impact, secondary production plays an important role in lowering the environmental footprint of global platinum production.
In the context of the platinum life cycle, it must be understood that recycling could not occur if there had not been a primary ounce of platinum produced beforehand. Hence, there is industry-wide consent that secondary production is complementary to primary supply; ensuring the steady supply of platinum to meet society’s current and future needs requires both increased levels of recycling and ongoing investments in primary production.
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