Norilsk Nickel Says Platinum Group Metal Demand Will Rise

Bloomberg reported OAO GMK Norilsk Nickel (OTCPINK:NILSY) said platinum group metals will rise up to 5% over the next.

As quoted in the market news:

Berlin says he expects Russia, the world’s biggest supplier of palladium, to cut back on exports of the metal next year. The size of Russia’s palladium stockpiles is a state secret.

Click here to read the full Bloomberg report.