Suppliers Legacy

Palladium demand — and prices — will be driven by hybrid vehicle growth

A "Made in Russia" engraving sits on a palladium ingot, weighing 2848.4 grams, following manufacture at the JSC Krastsvetmet non-ferrous metals plant in Krasnoyarsk, Russia. (Bloomberg/Bloomberg)
YF
By:
YULIYA FEDORINOVA and RUPERT ROWLING
December 28, 2018 01:20 PM

MOSCOW/LONDON — Palladium, this year's hottest metal, is used mainly to cut pollution from gasoline engines. Yet anyone betting the rise of electrified vehicles will curb demand anytime soon is likely to be disappointed, according to the metal's top producer.

Staying current is easy with newsletters delivered straight to your inbox.