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    market news

    Russia’s Palladium Stockpile to be Gone in Two Years

    Investing News Network
    Dec. 01, 2011 02:51PM PST
    Precious Metals

    IBTimes reported Russia’s MMC Norilsk Nickel (LSE:MNOD) will sharply cut sales from its stockpile in the next two years.

    IBTimes reported Russia’s MMC Norilsk Nickel (LSE:MNOD) will sharply cut sales from its stockpile in the next two years.

    As quoted in the market news:

    The stockpile has supplied about 15 percent of global demand for palladium, which is used in vehicle catalytic converters, for the last 40 years.

    Click here to read the full IBTimes report.

    market newscatalytic convertersrussianorilsk nickel
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