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NEW YORK — Stillwater Mining Co., the U.S. producer of platinum and palladium that is trying to stop General Motors Corp. from dumping its contract, said it needs its deals with automakers to survive.
The metals are used in catalytic converters for vehicles.
Columbus, Mont.-based Stillwater delivers palladium and rhodium to GM monthly at relatively stable prices, protecting the mining company from falling spot-market prices, the company said in a court filing.
