Normal
I have pulled this thread up with a very prophetic comment from Rederob back in 2008.The Uses of PalladiumThe motor industry uses up most of the palladium produced in the world today with the manufacturing of catalytic converters that convert harmful gases emitted by vehicle engines such as nitrogen dioxide, carbon monoxide and hydrocarbons into less-harmful substances such as water vapour, carbon dioxide and nitrogen. Other uses for palladium include the following:- Blood sugar testing strips- Dentistry- Watch making- Jewellery- Medicine- Purification of hydrogen- Electronics- Fuel cells that combine hydrogen and oxygen to produce water, heat and electricity- Aircraft engine spark plugs- Surgical instruments- Electrical contacts- Professional transverse flutes- Bullion value with ISO currency codes of 964 and XPD that places it alongside only three other metals with similar codes, these being; platinum, silver and gold.- In soldering materials and plating of electronic components.- Palladium chloride was once used to treat tuberculosis but it came with considerable side effects and was eventually replaced by more effective treatment.http://mininglink.com.au/natural-resource/palladiumPalladium Reaches Another Record as JPMorgan Sees More UpsideBy Rupert Rowling and Marvin G Perez January 17, 2019, 10:48 PM GMT+11 Updated on January 18, 2019, 6:09 AM GMT+11Palladium held gains after rocketing through $1,400 an ounce for the first time, extending its gravity-defying rally even amid signs that global vehicle sales are slowing.The precious metal, primarily used in the auto industry for catalytic converters, has surged more than 60 percent since the middle of August. The bull run has been driven by an acute shortage of immediate supply as car manufacturers scramble to get a hold of the metal to meet more stringent emission controls.https://www.bloomberg.com//news/articles/2019-01-17/palladium-hurtles-through-1-400-as-breakneck-rally-continues?srnd=markets-vpSo far I can only find one Australian company who has any sort of interest in Palladium, Panoramic Resources (PAN) with their Panton PGM project. https://panoramicresources.com/panton-pgm-project/That was a recent quote of mine from the Gold thread, sure enough, Palladium blasted through the $1300 level no worries.....and a chart.[ATTACH=full]91440[/ATTACH]
I have pulled this thread up with a very prophetic comment from Rederob back in 2008.
The Uses of Palladium
The motor industry uses up most of the palladium produced in the world today with the manufacturing of catalytic converters that convert harmful gases emitted by vehicle engines such as nitrogen dioxide, carbon monoxide and hydrocarbons into less-harmful substances such as water vapour, carbon dioxide and nitrogen. Other uses for palladium include the following:
- Blood sugar testing strips
- Dentistry
- Watch making
- Jewellery
- Medicine
- Purification of hydrogen
- Electronics
- Fuel cells that combine hydrogen and oxygen to produce water, heat and electricity
- Aircraft engine spark plugs
- Surgical instruments
- Electrical contacts
- Professional transverse flutes
- Bullion value with ISO currency codes of 964 and XPD that places it alongside only three other metals with similar codes, these being; platinum, silver and gold.
- In soldering materials and plating of electronic components.
- Palladium chloride was once used to treat tuberculosis but it came with considerable side effects and was eventually replaced by more effective treatment.
http://mininglink.com.au/natural-resource/palladium
Palladium Reaches Another Record as JPMorgan Sees More Upside
By
Rupert Rowling
and
Marvin G Perez
January 17, 2019, 10:48 PM GMT+11 Updated on January 18, 2019, 6:09 AM GMT+11
Palladium held gains after rocketing through $1,400 an ounce for the first time, extending its gravity-defying rally even amid signs that global vehicle sales are slowing.
The precious metal, primarily used in the auto industry for catalytic converters, has surged more than 60 percent since the middle of August. The bull run has been driven by an acute shortage of immediate supply as car manufacturers scramble to get a hold of the metal to meet more stringent emission controls.
https://www.bloomberg.com//news/articles/2019-01-17/palladium-hurtles-through-1-400-as-breakneck-rally-continues?srnd=markets-vp
So far I can only find one Australian company who has any sort of interest in Palladium, Panoramic Resources (PAN) with their Panton PGM project. https://panoramicresources.com/panton-pgm-project/
That was a recent quote of mine from the Gold thread, sure enough, Palladium blasted through the $1300 level no worries.
....and a chart.
[ATTACH=full]91440[/ATTACH]
Hello and welcome to Aussie Stock Forums!
To gain full access you must register. Registration is free and takes only a few seconds to complete.
Already a member? Log in here.