UPDATE 1-Norilsk sees Stillwater buy aiding palladium demand

Newswire

(Recasts with Norilsk news briefing) By Aleksandras Budrys MOSCOW, Nov 21 (Reuters) - Russia's Norilsk Nickel said on Thursday it hoped its purchase of U.S. company Stillwater Mining would stabilise supply and promote demand for the precious metal palladium. "We believe a decline in palladium demand has been partly caused by U.S. consumers' uncertainty of stable supplies of the metal," Leonid Rozhetskin, Norilsk's deputy chief executive told a news briefing. "Under the current deal ...

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