South Africa’s Mineral Exports to the US Remain Mostly Exempt from Tariffs

Post Views: 498 PGMs South Africa’s key mineral exports, including platinum group metals (PGMs), will mostly remain exempt from new US import tariffs announced on April 2, 2025. These exports, such as PGMs, gold, manganese, titanium, chrome, and coal, will not face additional duties. However, exports like iron ore and diamonds will incur a 30% tariff.   Impact on South Africa’s Economy and Key Sectors In 2024, South Africa exp orted minerals worth 65.3 billion rand ($3.4 billion) to the US, with PGMs making up 76%. While the tariff exemption on key minerals is beneficial, other sect...