Politics & Palladium: Showtime!

Nov. 02, 2009 07:31AM PST

Political wrangling over the General Motor bailout could well be the silver lining for Stillwater Mining Co. Other automakers continue to use palladium, thereby ensuring higher prices. The $58 billion federal rescue of General Motors has got the US platinum-group metals (PGMs) producer Stillwater Mining, which had lost its sales contract under the GM bankruptcy …

Political wrangling over the General Motor bailout could well be the silver lining for Stillwater Mining Co. Other automakers continue to use palladium, thereby ensuring higher prices.

The $58 billion federal rescue of General Motors has got the US platinum-group metals (PGMs) producer Stillwater Mining, which had lost its sales contract under the GM bankruptcy petition, checking out some silver linings to its many dark clouds.

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