Nornickel to restart furnace at key smelter in early August
Nornickel will re-launch one of the two furnaces at its flagship Nadezhda Smelter in early August.
If you’ve been long palladium, you know much of the ride over the last two years has been remarkable.
The white metal gained 350% in value between January 2009 and February 2011. It practically doubled in price in 2010 alone – the best performance of any commodity (followed by silver, corn and wheat).
Palladium investors were flying high.