Russian Sanctions May Create Serious Supply Shortages For Platinum and Palladium

Any sanctions imposed by the EU and the U.S. on the export of Russian palladium group metals would create a serious supply shortage that may be difficult for industries to replace. This year will show the third consecutive deficit year in global palladium supply, according to a Bloomberg Industries  survey of analysts.
Russia provided 44% of global palladium supply and 13.6% of platinum last year, according to Johnson Matthey.
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