US Palladium Imports from Italy, Switzerland Up in 2014

Precious Metals

Mining Weekly reported that according to the US Geological Survey, the United States imported larger-than-usual amounts of unwrought palladium from Italy and Switzerland last year.

Mining Weekly reported that according to the US Geological Survey, the United States imported larger-than-usual amounts of unwrought palladium from Italy and Switzerland last year.

As quoted in the market news:

Imports from Italy totalled 19 000 kg last year, more than double the amount in 2013 and significantly more than typical amounts of less than 2 000 kg/y since 2004.

Imports from Switzerland equalled 13 000 kg in 2014 compared with an unusually low 3 kg in 2013.

The USGS explained that from 2004 to 2013, the greatest yearly amount of unwrought palladium imported from Switzerland was 5 600 kg in 2012.

Click here to read the full Mining Weekly report.

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