Soaring palladium and platinum prices likely will return to more reasonable levels within a few weeks, before it has a serious effect on automakers, when a key supplier straightens out export issues, industry insiders say. While used in relatively small amounts, the precious metals are important to automakers because they are durable elements used in various combinations, along with sister metal rhodium, in catalytic converters to clean noxious gases from vehicle exhaust fumes. Palladium ...

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