Russia: Nornickel to increase palladium output
Due to the growth of palladium price, Norilsk Nickel intends to increase ingots manufacture. The company will also sell some 3 tons of palladium from its Global Palladium Fund, which could cover 1% of the global demand. Analysts believe, the market has been overheated, while the real demand for palladium is not that large. Industry…