Russia’s Norilsk sees room for palladium output growth

Global palladium producers need to increase output by 2020 to cover a rising deficit, according to an executive at Russia’s Norilsk Nickel, the world’s largest producer of the metal.

Production of palladium, used in catalytic converters, devices which control car exhaust emissions, and in jewellery, currently lags consumption by 30 tonnes, or by 1 million troy ounces.

http://www.reuters.com/article/2013/07/09/russia-norilsk-palladium-idUSL1N0FF08120130709

Leave a comment