Russia’s Palladium Exports Face Disruption From Flight Bans
- Producers are examining alternative routes to supply customers
- Metal has rallied 30% this year amid concerns about exports
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Palladium supplies from top producer Russia face disruption from widespread flight bans, with companies looking to find alternative means to export the precious metal.
The metal that’s mostly used in catalytic converters is almost always transported by passenger planes. With most of Europe’s airspace closed to flights from Russia, miners like MMC Norilsk Nickel PJSC are examining alternative routes to supply customers, according to a person familiar with the matter.