$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: •Increasing 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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