Pollution-control devices drive palladium price surge

From miningreview.com

Palladium prices continue to surge to new record highs, topping $1,800 an ounce as stricter air-quality rules boost demand for the metal used in vehicle pollution-control devices. The price increase has propelled Ivanhoe’s Platreef Project ‘metals-price basket’ to a new, multi-year high. Ivanhoe Mines is investigating an alternative production plan for the Platreef Project, targeting significantly lower initial capital, to accelerate first production by using Shaft 1 as the mine’s initial production shaft. Spot price of palladium reaches an all-time high This plan will focus on initially targeting the ... (full story)