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The Palladium market is a sector of the mining industry that focuses on the extraction and production of the precious metal palladium. Palladium is a rare metal that is used in a variety of industrial and consumer applications, including electronics, automotive, and jewelry. It is also used in the production of catalytic converters, which help reduce emissions from vehicles.
The palladium market is highly dependent on the global economy, as demand for palladium is driven by the automotive and electronics industries. The price of palladium is also affected by supply and demand, as well as geopolitical events.
Some of the major companies in the palladium market include Anglo American, Impala Platinum, Norilsk Nickel, and Stillwater Mining Company. These companies are involved in the exploration, extraction, and production of palladium, as well as the sale of palladium products. Show Less Read more