By Leia Michele Toovey- Exclusive to Nickel Investing News Under the weight of high inventories, nickel is anticipated to be one of the slowest industrial metals to rebound. LME stocks of nickel are at their highest since around mid-1995. The world refined nickel market was in surplus by 42,900 metric tonnes in January-November of 2008, [...]
By Leia Michele Toovey- Exclusive to Nickel Investing News The industrial metals experienced an early week price lift backed by stock market momentum from China’s stimulus plan. Further impetus to the metals came by way of a pledge by the G20 group to take all necessary measures to get financial markets back on their feet. [...]
By Leia Michele Toovey- Exclusive to Nickel Investing News Nickel has witnessed a year of poor performance, with a decline in stainless steel demand to blame. Towards the end of last week, though, things started looking up for nickel and the commodities in general, as buoyant metal prices sparked a strong rally in mining shares. The market responded [...]
UK based Anglo American plc is right on schedule to complete its Barro Alto nickel project by early 2010. For full story, click here
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