Norilsk Expects Little Change in Palladium Output in 2013

MarketWatch reported that a senior Norilsk executive said the company expects little change in its palladium production this year because of limited supply.

As quoted in the market news:

In 2013, palladium use in industrial applications will continue to significantly exceed the annual volume of mined and recycled palladium,” Anton Berlin, head of marketing at Norilsk’s sales subsidiary Normetimpex, said in response to questions from Dow Jones Newswires.

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