Prices
No single exchange-settled price exists for osmium. Trade settles over-the-counter against benchmarks published by independent price-reporting agencies. We do not republish those numbers — consult the publishers directly:
Johnson Matthey PGM Prices ↗
Base prices for platinum-group metals, set twice daily by Johnson Matthey traders.
LPPM — London Platinum and Palladium Market ↗
Industry body for PGM market participants — fixings via member-firm panel.
Heraeus PGM Trading Market Report ↗
Weekly PGM market commentary and fundamentals.
USGS Mineral Commodity Summaries 2026 ↗
Annual U.S. Geological Survey reference — production, reserves, prices, and trade statistics for osmium.
About Osmium
Editorial overviewWhat is osmium?
Osmium (Os, atomic number 76) is a dense platinum-group metal and one of the rarest naturally occurring elements. It is typically encountered as a minor byproduct metal associated with platinum and palladium ores rather than as a standalone mined commodity.
How osmium is priced
Osmium has no regulated futures market, no exchange contract and no continuous public reference price. Production worldwide is estimated by USGS at less than 1 tonne per year; almost all output is consumed inside research and specialty-alloy applications. Indicative bid quotes are sometimes published by specialist precious-metal dealers (e.g. Johnson Matthey), but these reflect very thin transaction volumes.
Where osmium comes from
USGS does not publish a dedicated 2026 osmium mine-production table or reserve figure; in practice, osmium is recovered as a byproduct of platinum-group-metal mining and refining, so supply is concentrated in the same mining countries that dominate PGMs, especially South Africa and Russia, with smaller contributions from North America and Zimbabwe (Johnson Matthey). The USGS states in its PGM summaries that lower mine shipments from South Africa and Russia are central to global PGM supply conditions, which is the best official proxy available for osmium sourcing (Johnson Matthey). Full breakdown in the production and reserves sections.
Who produces osmium
Because osmium is recovered in tiny volumes from PGM streams, the practical producers are the large platinum-group-metal miners and refiners: Anglo American Platinum, Impala Platinum, and Sibanye-Stillwater in South Africa, plus Norilsk Nickel in Russia (Johnson Matthey). These are the same integrated supply chains that feed the precious-metals refining circuits where osmium is separated as a trace byproduct (Johnson Matthey). Full list of producers below.
What osmium is used for
Authoritative 2026 PGM market reporting does not give a standalone osmium demand split, but it does show the metal’s main end-use context: PGMs are used in autocatalysts, chemicals, glass, data storage, and energy-transition applications, with Johnson Matthey noting firm industrial demand across the PGM complex and specific growth in platinum-rhodium alloys for glass making and iridium in green-hydrogen systems (Johnson Matthey). Osmium itself is used only in very small niche applications, so no authoritative source in the materials gathered here publishes a defensible percentage breakdown for osmium specifically.
Key facts about osmium supply
- USGS does not publish a dedicated MCS 2026 osmium page with mine production or reserves, which indicates osmium is not tracked as a separate primary-mined commodity in the annual summary.
- Johnson Matthey’s 2026 PGM report says all PGMs were in deficit in 2025, with platinum, ruthenium, and iridium expected to remain in deficit in 2026, underscoring that osmium supply is tied to the broader PGM mining system (Johnson Matthey).
- Johnson Matthey says lower mine shipments from South Africa and Russia will contract combined primary and secondary PGM supplies, which is the clearest 2026 supply-concentration signal relevant to osmium (Johnson Matthey).
- Johnson Matthey notes that strong PGM prices are supporting a recovery in autocatalyst recycling, meaning secondary recovery is an important part of osmium-bearing PGM supply chains (Johnson Matthey).
Sources: Johnson Matthey PGM Market Report 2026, Johnson Matthey PGM prices and trading
Mine Production by Country
Source: USGS MCS 2026Per-country production data not published by USGS
USGS Mineral Commodity Summaries 2026 does not publish per-country production or reserves data specifically for Osmium. USGS reports only platinum and palladium broken out by country; rhodium, ruthenium, iridium, and osmium are reported only as part of the combined PGM group (six platinum-group metals). For the consolidated PGM-group table, see the PGM (Platinum Group Metals) page.
Source: USGS MCS 2026
Major Producers (10)
South Africa
N/A (delisted; now Impala subsidiary)
United States
N/A (government data)
Latest News
All metals news →No recent news for this metal. Visit the Hub news section for all metals news.
Frequently Asked Questions
Auto-generated from primary-source dataWho are the largest global producers of osmium?
Among 780+ producers tracked on TSM Hub, the largest disclosed osmium producers include Anglo American Platinum (Amplats / Valterra Platinum) (South Africa), Impala Platinum Holdings (Implats) (South Africa), Sibanye-Stillwater (South Africa). Full ranking with primary-source links is available in the producers section.
What is the primary source for osmium production and reserves data?
Country-level osmium production and reserves figures on TSM Hub are sourced directly from the USGS Mineral Commodity Summaries 2026, the U.S. Geological Survey's authoritative annual reference. Company-level production figures come from each producer's official annual report, production report, or regulated exchange filing.