From The K-B-L-G News Center...

An official at a Billings-based company says they are closely monitoring the General Motors bankruptcy. 

Stillwater Mining Company, which sells platinum and palladium for use in automobiles' catalytic converters, wants to know if the company's contracts with G-M will be honored. 

Stillwater Mining spokesman John Beaudry says all the palladium and 70 percent of the platinum produced by the company's mine near Nye is committed for filling contracts with G-M and Ford.  With G-M facing a sweeping reorganization, Beaudry says that Stillwater could be hurt if its contract is modified as the automaker's case moves through U.S. Bankruptcy Court.  

Stillwater last month reported a first-quarter loss of $11.6 million on revenues of $85.8 million.           

(Copyright 2009 by The Associated Press.  All Rights Reserved.)