Japan Targeting Palladium, Platinum

Mining Weekly reported Japan’s trading houses are targeting deals to secure platinum and palladium supplies to meet expected shortages later this decade with an expected increase in auto sales.

As quoted in the market news:

Mitsubishi Corp, Japan’s biggest trading company and one of the world’s top precious metals traders, and Itochu Corp, the country’s No 2 trading company, are both in the final stages of feasibility studies on mining projects in Canada and South Africa, respectively.

Click here to read the full Mining Weekly report.