Economy Bloomberg 14d ago

Russia’s Nornickel Sees Lower Palladium Output as Grades Decline

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Russia's top mining company, Nornickel, expects a decline in platinum and palladium output due to lower ore grades, which may impact global supply and potentially drive up prices.

Market Impact

Market impact analysis based on bearish sentiment with 80% confidence.

Sentiment
Bearish
AI Confidence
80%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

MMC Norilsk Nickel PJSC, Russia’s top mining company, expects platinum and palladium output to decline this year due to lower ore grades.

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Original article published by Bloomberg on January 28, 2026.
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