April 8, 2022

London market blocks newly refined Russian platinum and palladium

The decision comes a month after a similar industry group, the London Bullion Market Association, suspended the accreditation of Russian refiners.

April 6, 2022

Amplats CEO says carmakers looking for palladium after Russia sanctions

Palladium users with no existing contracts with the company have contacted it about potential alternative sources of the metal.

April 4, 2022

Metals world agonizes over war but keeps buying from Russia

The question of what happens to Russia’s metal exports is of vast consequence to global markets -- it’s a key supplier of palladium, nickel, aluminum, steel and copper.

March 31, 2022

Tharisa acquires Karo platinum project in Zimbabwe

The project, expected to start producing in two years, will produce 150,000 ounces a year of PGMs in concentrate in its first phase.

March 15, 2022

Nornickel not changing long-term view, despite logistical issues

Nornickel's biggest shareholder, Vladimir Potanin, said the company had managed to secure alternative routes for its palladium deliveries.

March 14, 2022

Palladium price wild rally at risk from recession later this year

While palladium hasn’t been hit with sanctions, Russia’s increasing isolation is still affecting supply.

March 12, 2022

Norilsk cleared to pay debt in foreign currency, Potanin says

Russia's Ministry of Finance has cleared Norilsk Nickel to pay off its foreign debts in currencies other than the ruble.

March 12, 2022

Russia’s Nornickel has new routes for palladium supplies – Potanin says

Nornickel is not yet considering moving to new markets from its traditional ones but does have plans in place.

March 10, 2022

Metal thieves stealing exhaust pipes send US auto claims 1,000% higher

State Farm said Thursday that metal thieves in search of platinum, rhodium and palladium are stealing catalytic converters in ever-greater numbers.

March 9, 2022

Australia, South Africa miners eye options as Europe makes desperate calls

Prices of palladium, coal and other commodities have skyrocketed since Russia's Feb. 24 invasion of Ukraine, while sanctions on Moscow drive Western consumers to replace Russian supply.