Norilsk Nickel Will Not Stock Palladium from 2011-2015

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Tue, May 25, 2010

Palladium Market News
Post by Mike Rodger, Palladium Reporter

Russia’s Norilsk Nickel (GMKN.MM), world’s largest palladium producer has confirmed that it will not be focusing on palladium production from 2011 to 2015.

Deputy CEO Viktor Sprogis is quoted saying:

“The company and other main market players conclude on the basis of indirect indicators that the state palladium stocks will not be a decisive factor on this market.”

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