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The Stillwater Mining Company, the only platinum and palladium mine in the United States, is seen near Nye, Mont., May 2, 2013. (AP Photo/Matthew Brown, File)

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Montana miner to lay off hundreds due to declining palladium prices
September 12, 2024 4 p.m.

Montana miner to lay off hundreds due to declining palladium prices

The owner of the only platinum and palladium mines in the U.S. announced Thursday it plans to lay off hundreds of employees in Montana due to declining prices for palladium, which is used in catalytic converters.