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Commodity prices skyrocketed in late February this year in response to a military escalation in the Ukraine that could result in wide-ranging sanctions against Russian exporters. Russia’s Norilsk Nickel, the largest palladium producer, like its main. ....
Global demand for palladium has weakened recently as automakers, which use the metal in pollution-reducing catalytic converters, have cut production due to the dearth of chips. ....
Russia's Nornickel , the world's largest palladium producer, said on Monday it had begun a contest for scientists to find new ways to use the metal that has been hit by a chip shortage in the auto industry, its top consumer sector. ....