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Palladium falls as concern EVs will destroy demand returns to the fore – ET Auto

Baua Electric

Russia, which is being punished by widening western sanctions for its invasion of Ukraine in 2022, is home to Nornickel. In 2023, palladium prices fell by 39%, the metal’s deepest yearly fall since 2008. 14 when the UK restrictions were announced and the market was concerned about their possible expansion in future.

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