Norilsk Wants to Buy Palladium Worth $2Bln From Russia’s Central Bank
Russia’s Norilsk Nickel and a group of private investors are in talks to buy palladium worth up to $2 billion from the country’s Central Bank, Norilsk’s chief executive and co-owner Vladimir Potanin said.
Potanin, Russia’s eighth richest man, said he was so convinced the market will be in a supply deficit that he would put his own money into palladium if the company ruled there was no conflict of interest.
Read more at: http://www.themoscowtimes.com/business/article/norilsk-in-talks-to-buy-russian-central-bank-s-palladium/507732.html
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