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Slowdown in new vehicle demand hits palladium market

The volatility with regard to platinum group metals continues

Platinum Group Metals (PGMs) have certain unique properties that make this group of rare metals ideal for use in automotive manufacturing. These properties include strong catalytic properties, a high melting point, good resistance to corrosion, etc. These characteristics make certain PGMs ideal for use in the manufacture of automotive catalytic converters.

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https://www.automotiveworld.com/articles/slowdown-new-vehicle-demand-especially-china-hits-palladium-market/

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