Eramet’s Bories to step down as CEO, stay on as chair
Eramet expects to announce Bories' successor as CEO by the end of the first quarter.
A Russian Finance Ministry official has reportedly said that the State repository has sufficient palladium stocks to continue to export in 2012, while it is also looking to upgrade some of its existing material (Gokhran has sufficient palladium to continue exports in 2012 – report).
In their authoritative reviews released last month, both Johnson Matthey and GFMS addressed this issue and the two houses are of similar views with respect to the outlook on this issue.
