World Platinum Investment Council

The World Platinum Investment Council (WPIC) is an industry body established to develop the market for platinum investment demand. Founded in 2014, the organisation is funded by leading platinum producers in South Africa and works to promote awareness of platinum as an investment asset class. The WPIC conducts research and publishes quarterly and annual reports on platinum supply, demand and market trends, providing authoritative data and analysis to investors, analysts and market participants. Its mandate includes developing platinum investment products, supporting market infrastructure and engaging with financial institutions, regulators and investors globally. The council operates internationally, with activities spanning major financial centres including London, New York, Shanghai and Zurich. Key functions include commissioning independent research on platinum fundamentals, facilitating the creation of exchange-traded funds and other investment vehicles, and providing market intelligence on factors affecting platinum prices. The WPIC's quarterly reports cover platinum supply from mining and recycling, demand across automotive catalysts, jewellery, industrial applications and investment, and the resulting market balance. The organisation also tracks developments in related markets such as palladium, rhodium and other platinum-group metals, as well as emerging applications including fuel cells for hydrogen vehicles. Member companies include major South African platinum producers, reflecting the country's dominant position in global platinum supply.