Russia’s Palladium Stockpile to be Gone in Two Years

- December 1st, 2011

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.

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