US Palladium Imports Rise in 2014

Precious Metals

Mining Weekly reported that the US Geological Survey (USGS) said in its latest mineral industry survey for January that the US imported large amounts of unwrought palladium from Italy and Switzerland in 2014.

Mining Weekly reported that the US Geological Survey (USGS) said in its latest mineral industry survey for January that the US imported large amounts of unwrought palladium from Italy and Switzerland in 2014.

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.

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