The United States purchased the maximum amount of a precious metal from Russia

In the last month of winter, the United States bought the largest amount of platinum from Russia in the past four months. This was reported by RIA Novosti, citing U.S. Customs data. The transaction amounted to $91.8 million. Notably, imports of this precious metal into the U.S. have increased for three consecutive months, with a 8.3% rise in February. As a result, Russia managed to retain its position as the second-largest supplier of platinum to the American market. South Africa remained in ...
04 August 2025., 10:53   comment

Nornickel and Krastsvetmet have presented glass feeders with palladium to Chinese fiber glass producers

Nornickel is the world’s largest palladium supplier, and Krastsvetmet, is one of the world’s leading producers of precious metals and related products, showcased a new glass feeders technology with palladium alloy in Shanghai. This innovation is expected to significantly reduce ownership and maintenance costs for fiberglass producers. The presentation supported by the China Precious Metals Industry Committee (CPMIC), brought together key industry players, including the China Forging Industry ...
21 March 2025., 13:24   comment

Nornickel and Krastsvetmet have presented glass feeders with palladium to Chinese fiber glass producers

Nornickel is the world’s largest palladium supplier, and Krastsvetmet, is one of the world’s leading producers of precious metals and related products, showcased a new glass feeders technology with palladium alloy in Shanghai. This innovation is expected to significantly reduce ownership and maintenance costs for fiberglass producers. The presentation supported by the China Precious Metals Industry Committee (CPMIC), brought together key industry players, including the China Forging Industry ...
21 March 2025., 13:18   comment