Despite the mixed performance and expectations of the recycling industry, local platinum producers Sibanye and Northam Platinum this year entered the platinum-group metals (PGMs) recycling market. Platinum recycling is projected to decline by 6% year-on-year to 1.76-million ounces this year, owing to reduced ounces from jewellery recycling, the second-largest source of recycling after automotive catalytic converters (autocatalysts).
