Where are the reserves, and who is mining them?
Derived report snapshot · 2026-10-04 · Original report
South Africa holds 83% of the world's known palladium reserves, the largest single-country share among 21 minerals. For 10 of them the country with the most reserves has a share of reserves and a share of production that differ by 15 percentage points or more, which is where reserves and mining are least aligned.
Reserves are the part of a deposit that could be mined at a profit under current conditions, as estimated by USGS, so they rise with new discoveries and higher prices and are not a fixed stock. "Years at current output" divides world reserves by world production in the latest year. It is a measure of how much is currently known, not a forecast of when a mineral runs out. Click a heading to sort.
| Mineral | Largest reserves | Share of reserves | Its share of mining | Years of reserves at current output |
|---|---|---|---|---|
| Palladium | South Africa | 83% | 37% | 399 |
| Platinum | South Africa | 83% | 73% | 462 |
| Phosphate rock | Morocco | 68% | 14% | 292 |
| Rare earths | China | 52% | 69% | 219 |
| Cobalt | DR Congo (Democratic Republic of the Congo) | 50% | 74% | 39 |
| Nickel | Indonesia | 48% | 67% | 33 |
| Molybdenum | China | 46% | 37% | 65 |
| Chromium | South Africa | 39% | 45% | 18 |
| Lead | Australia | 36% | 11% | 21 |
| Potash | Russia | 36% | 20% | 115 |
| Manganese | Australia | 34% | 8% | 85 |
| Graphite | China | 32% | 78% | 172 |
| Iron ore | Australia | 31% | 38% | 76 |
| Zinc | Australia | 27% | 8.5% | 18 |
| Aluminum | Guinea | 26% | not in top 25 | 392 |
| Bauxite | Guinea | 26% | 34% | 66 |
| Lithium | Chile | 25% | 19% | 128 |
| Tin | Indonesia | 25% | 21% | 20 |
| Copper | Rest of world | 21% | not in top 25 | 43 |
| Gold | Australia | 20% | 8.5% | 20 |
| Silver | Peru | 18% | 14% | 23 |
USGS Mineral Commodity Summaries 2025: world mine production and reserves by country. Years of reserves are shown only where reserves and production are on the same basis and both come from USGS. Reserve estimates for some minerals are rounded or withheld by USGS, so shares are approximate.
Source snapshot and downloads
Recreated from Commodity Origins' published derived reports under CC BY 4.0. Report figures retain the publisher's definitions, coverage and reporting years. Selection of underlying commodity rows in our commodity explorer is separate and may have different coverage. Source notes above identify the upstream data; no publisher endorsement is implied.
Snapshot retrieved 2026-10-05. New source vintages require review and republication.