Tuesday, July 17, 2007

Platinum Falls in New York After Stillwater Strike Ends; Palladium Drops

(Bloomberg) -- Platinum fell for a third-straight
session in New York after a strike ended at Stillwater Mining
Co., the lone U.S. producer. Palladium also dropped.

Unionized workers at Stillwater's mine and smelter in
Montana accepted a four-year wage accord, ending a walkout that
began July 11. Workers are expected to be back on the job
tonight, Billings, Montana-based Stillwater said in a statement.


Read more at Bloomberg Commodities News

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