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    Pd
    Palladium
    WatchPlatinum-group metalsImportant

    Palladium

    Mostly used in gasoline catalytic converters, but also in multilayer ceramic capacitors and electronic plating. Russia and South Africa dominate.

    Supply risk index
    28
    / 100
    Top producer
    Russia
    44%
    China share
    0%
    US import reliance
    57%
    World output 2025
    190 t
    -12% y/y
    On national lists
    7 / 10
    1 strategic
    Why it matters for AI infrastructure
    Important — Power, storage, cooling or key components

    Palladium electrodes and plating in multilayer ceramic capacitors (MLCCs) and connectors on server boards.

    Watch
    Adequate today but concentrated or exposed

    Russia (~44%) and South Africa (~37%) together supply most mined palladium.

    Where it's produced

    Share of 2025 world mine production (kilograms) · figures are for Reserves are for all platinum-group metals combined. Source: USGS MCS 2026.

    Share of world output
    Russia
    44%
    South Africa
    37%
    Canada
    8.4%
    Zimbabwe
    7.9%
    United States
    3.3%

    Where the reserves are

    Share of known economic reserves (kilograms). World total: 76k t. ≈ 400 years at 2025 output.

    South Africa
    83%
    Russia
    14%
    Zimbabwe
    1.7%
    United States
    0.8%
    Canada
    0.4%

    Who calls it critical

    Membership on each government list. “Strategic” marks a higher tier where the list has one; “group” means included as part of a group such as rare earths or PGMs.

    Palladium: key questions

    Where is palladium mined or produced?
    According to USGS 2025 data, the largest producers are Russia (44%), South Africa (37%) and Canada (8.4%) of world mine production.
    Is palladium a critical mineral?
    Palladium appears on 7 of the 10 official lists we track (United States, European Union, Japan, South Korea, India, Australia, Canada).
    Is palladium in short supply?
    Our supply status: Watch. Russia (~44%) and South Africa (~37%) together supply most mined palladium.
    Why does palladium matter for AI infrastructure?
    Palladium electrodes and plating in multilayer ceramic capacitors (MLCCs) and connectors on server boards.