International news within the industry of mining and metal, Jan, 18 2019
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The Palladium Price climbs to new top levels

Palladium is a chemical element with symbol Pd and atomic number 46. It is a rare and lustrous silvery-white metal discovered in 1803 by William Hyde Wollaston. He named it after the asteroid Pallas, which was itself named after the epithet of the Greek goddess Athena, acquired by her when she slew Pallas.  Photo: Wikimedia, credit: Jurii
Palladium is a chemical element with symbol Pd and atomic number 46. It is a rare and lustrous silvery-white metal discovered in 1803 by William Hyde Wollaston. He named it after the asteroid Pallas, which was itself named after the epithet of the Greek goddess Athena, acquired by her when she slew Pallas. Photo: Wikimedia, credit: Jurii
Published by
Markku Björkman - 10 Dec 2018

The palladium price continues to rush and now pays a higher price than gold for the first time in 16 years. It is traded at significantly higher prices than platinum. It reports L'Usine Nouvelle.

On December 4, palladium was traded for $ 1241 per ounce.

In the past three years, palladium prices have risen steadily - by 22 per cent in 2016, 56 per cent in 2017 and 16 per cent since the beginning of the year.

The gold price, on the other hand, has decreased by 5 per cent since the beginning of the year, but it increased by 13 per cent in 2017.

Since the completion of the first test shipments in July 2018, Rio Tinto increased the number of autonomous tours along the Groups iron ore lines in Western Australia in a controlled manner. Now, Rio Tintos trains have travelled over one million kilometres completely autonomously. Photo credit: Rio Tinto company
Since the completion of the first test shipments in July 2018, Rio Tinto increased the number of autonomous tours along the Groups iron ore lines in Western Australia in a controlled manner. Now, Rio Tintos trains have travelled over one million kilometres completely autonomously. Photo credit: Rio Tinto company

The world's first mining-related railway network for autonomous trains was opened

"improves productivity"

The mining company Rio Tinto's AutoHaul ™ program, which is expected to cost $ 940 million, is...