logo
Metrix
AnnouncementsAbout UsDownload APP
Sign In
EN
logo

Nornickel Invests $100M in AI to Boost Palladium Demand Amid EV Shift

Published: Mar 25, 2026 16:16
Source: mining.com
Russia’s MMC Norilsk Nickel PJSC is betting on artificial intelligence as part of a $100 million push to find additional uses for palladium as electric vehicles erode the metal’s main source of demand.Nornickel, the world’s biggest palladium producer, aims to create 1.7 million ounces of new annual consumption for the metal. That’s equivalent to almost a fifth of existing demand.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Macro Situation Temporarily Eases, Expectations Fade, SHFE Tin Contract Comes Under Pressure Again [SMM Tin Midday Commentary]
Common.Time.hoursAgo
Macro Situation Temporarily Eases, Expectations Fade, SHFE Tin Contract Comes Under Pressure Again [SMM Tin Midday Commentary]
Read More
Macro Situation Temporarily Eases, Expectations Fade, SHFE Tin Contract Comes Under Pressure Again [SMM Tin Midday Commentary]
Macro Situation Temporarily Eases, Expectations Fade, SHFE Tin Contract Comes Under Pressure Again [SMM Tin Midday Commentary]
[SMM Tin Midday Commentary: As Expectations for a Temporary Easing of the Macro Situation Fade, SHFE Tin Contracts Come Under Pressure Again]
Common.Time.hoursAgo
[SMM Tin Flash: IDC: China’s Smart Glasses Market Shipments Reached 2.46 Million Units in 2025, up 87.1% YoY]
Common.Time.hoursAgo
[SMM Tin Flash: IDC: China’s Smart Glasses Market Shipments Reached 2.46 Million Units in 2025, up 87.1% YoY]
Read More
[SMM Tin Flash: IDC: China’s Smart Glasses Market Shipments Reached 2.46 Million Units in 2025, up 87.1% YoY]
[SMM Tin Flash: IDC: China’s Smart Glasses Market Shipments Reached 2.46 Million Units in 2025, up 87.1% YoY]
According to the latest report released by International Data Corporation (IDC), shipments in China’s smart glasses market reached 2.46 million units in 2025, up 87.1% YoY, with lightweight design and AI integration becoming standard features. However, real user value has yet to be fully unlocked, and scenario implementation and channel conversion remain important directions.
Common.Time.hoursAgo
The Most-Traded SHFE Tin Contract Opened Slightly Higher in the Night Session and Maintained a Fluctuating Trend, While Spot Market Trading Showed Mediocre Performance [SMM Tin Morning Brief]
Common.Time.hoursAgo
The Most-Traded SHFE Tin Contract Opened Slightly Higher in the Night Session and Maintained a Fluctuating Trend, While Spot Market Trading Showed Mediocre Performance [SMM Tin Morning Brief]
Read More
The Most-Traded SHFE Tin Contract Opened Slightly Higher in the Night Session and Maintained a Fluctuating Trend, While Spot Market Trading Showed Mediocre Performance [SMM Tin Morning Brief]
The Most-Traded SHFE Tin Contract Opened Slightly Higher in the Night Session and Maintained a Fluctuating Trend, While Spot Market Trading Showed Mediocre Performance [SMM Tin Morning Brief]
[SMM Tin Morning Comment: The Most-Traded SHFE Tin Contract Maintained a Fluctuating Trend After Opening Slightly Higher in the Night Session, Spot Market Transactions Showed Mediocre Performance]
Common.Time.hoursAgo
Related News
news
Macro Situation Temporarily Eases, Expectations Fade, SHFE Tin Contract Comes Under Pressure Again [SMM Tin Midday Commentary]
Mar 26, 2026 11:50
news
[SMM Tin Flash: IDC: China’s Smart Glasses Market Shipments Reached 2.46 Million Units in 2025, up 87.1% YoY]
Mar 26, 2026 09:52
news
The Most-Traded SHFE Tin Contract Opened Slightly Higher in the Night Session and Maintained a Fluctuating Trend, While Spot Market Trading Showed Mediocre Performance [SMM Tin Morning Brief]
Mar 26, 2026 09:03
news
Macro Sentiment Recovery Boosted the Nonferrous Metals Sector; Tin Prices Rebounded in the Short Term, but Support Remained Insufficient [SMM Tin Futures Brief Review]
Mar 25, 2026 18:10