North American Palladium Ltd (New) PALDF

RE:RE:Pretty Solid Company

[diabase1]

It’s true that palladium’s rise relative to platinum might prompt some carmakers to work on substitution. However, it’s uncertain when a switch will happen. Research into the use of platinum shows that technological advances are needed before it can match the performance of existing palladium-based catalytic converters, according to Johnson Matthey Plc, which makes the devices. Analysts have said it could take up to 18 months to incorporate a switch. And the likes of Daimler AG are more focused on electrification and batteries than a metal that represents a relatively small part of costs.