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    market news

    Norilsk Sees Limited Palladium Sales by Russian State Next Year

    Investing News Network
    Dec. 23, 2010 10:13AM PST
    Precious Metals

    Bloomberg.com reports that Norilsk Nickel believes that there will not be much palladium sold from Russian coffers next year.

    Bloomberg.com reports that Norilsk  Nickel believes that there will not be much palladium sold from Russian coffers next year.

    The story is quoted as saying:

    OAO GMK Norilsk Nickel, the world’s biggest producer of the metal, said it expects Russia’s state repository Gokhran to sell “insignificant” amounts of palladium next year before exiting from global markets in 2012.

    To access the full story, click here.

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