Key findings: P2041 - Mining: Production and sales, February 2025

Production: results for February 2025

 

Mining production decreased by 9,6% year-on-year in February 2025. The largest negative contributors were:

·        PGMs (-23,9% and contributing -5,8 percentage points);

·        iron ore (-10,5% and contributing -1,9 percentage points);

·        gold (-7,6% and contributing -1,0 percentage point); and

·        coal (-4,3% and contributing -1,0 percentage point).

 

Seasonally adjusted mining production decreased by 4,4% in February 2025 compared with January 2025. This followed month-on-month changes of 0,0% in January 2025 and -4,2% in December 2024.

 

Seasonally adjusted mining production decreased by 6,7% in the three months ended February 2025 compared with the previous three months. The largest negative contributors were:

·        PGMs (-13,8% and contributing -4,3 percentage points);

·        iron ore (-8,8% and contributing -1,2 percentage points); and

·        chromium ore (-10,5% and contributing -0,6 of a percentage point).

 

Mineral sales: results for February 2025

 

Mineral sales at current prices decreased by 12,9% year-on-year in February 2025. The largest negative contributors were:

·        iron ore (-29,5% and contributing -4,9 percentage points);

·        gold (-32,7% and contributing -3,5 percentage points);

·        PGMs (-12,2% and contributing -2,5 percentage points); and

·        chromium ore (-23,2% and contributing -2,1 percentage points).

 

The largest positive contributor was coal (5,3% and contributing 1,4 percentage points).

 

Seasonally adjusted mineral sales at current prices decreased by 10,4% in February 2025 compared with January 2025. This followed month-on-month changes of 1,3% in January 2025 and -10,2% in December 2024.

 

Seasonally adjusted mineral sales at current prices decreased by 8,8% in the three months ended February 2025 compared with the previous three months.