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<u>$PAL Northern American Palladium</u> DEMAND ON THE RISE

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SpotOnTrade Member Level  Thursday, 12/04/14 11:21:35 AM
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$PAL Northern American Palladium DEMAND ON THE RISE
The primary source of industrial demand continues to be from the gasoline automotive
sector, which consumes about 67% of world palladium production for the manufacture
of catalytic converters to help reduce toxic emissions into the environment.
Key factors affecting demand include:
vehicle production in China, India,Brazil & Russia–which are forecasted to lead
the growth in the automobile market;
•Stricter emission controls that mandate the use
of catalytic converters;
•Technological advancements for palladium’s
use in diesel catalytic converters; and
•The recent growth in palladium exchange
traded funds (ETFs) which have significantly
contributed to the increased investment
demand. http://www.napalladium.com/files/doc_downloads/NAP_Fact-Sheet_-November_2014.pdf

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