Russia's Norilsk to announce long-term PGM contract


MOSCOW, June 25 (Reuters) - Russia's Norilsk Nickel will announce a three to five year platinum and palladium supply contract with a catalytic converter maker in the third or fourth quarter, a company official said on Tuesday. "In the third or fourth quarter we will announce a more than long-term contract for the supply of platinum and palladium over 3-5 years," a member of Norilsk's management, Leonid Rozhetskin said at a Renaissance Capital investment conference.

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