Palladium to get no quick lift from Norilsk deal

Newswire

By Clare Black LONDON, Nov 22 (Reuters) - Plans by Russian palladium miner Norilsk Nickel to buy U.S. firm Stillwater Mining could benefit the metal's weary auto industry consumers but may come too late to halt them using alternatives, analysts said on Friday. Prices for the precious metal, used mainly in the vehicle catalytic converter market, are at their lowest level for four years, as disgruntled consumers shunned palladium after years of supply disruption in Russia. Consumers have ...

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