Mining News

Nornickel urges scientists to find new ways to use palladium

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Russia’s Nornickel, the world’s largest palladium producer, said on Monday it had begun a contest for scientists to find new ways to use the metal that has been hit by a chip shortage in the auto industry, its top consumer sector. Global demand for palladium has weakened recently as automakers, which use the metal in pollution-reducing catalytic converters, have cut production due to the dearth of chips.

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