26 PALLADIUM RECYCL ING VOL UMES 0 1 00 2 00 3 00 4 00 5 00 6 00 7 00 8 00 9 00 0 50 0 10 00 15 00 20 00 25 00 30 00 35 00 20 02 20 04 20 06 20 08 20 10 20 12 20 14 E 0 00 o z P d R ecy c li n g P d P x Pd Rec y cli ng Pd Pri ces Sou r c e Joh n son M a t t h e y GFMS R B C C ap it al M ark e t s Es t ima t es