Monday, April 12, 2010

Nickel through the $25,000 barrier

Whilst there was much comment in mid-2008 when nickel prices peaked at $20,000 per metric tonne, the metal price rose above $25,000 just recently. With suspension of BHP's mining operations in Western Australia after a recent fatality, the supply demand balance for nickel is starting to look as if further price rises might be expected.

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