Cuba declared massive investment in Ferro-Nickel Output
Apart from an easygoing population and plenty of sunshine, Cuba isn’t blessed with many assets. But one asset the country does have is nickel. For full story, click here
Articles Tagged "cuba"
Cuba reported all nickel plants to remain open
In a report that urged workers to improve efficiency, Cuba’s three nickel processing plants remain open despite low international prices. For full story, click here
Cuba admitted nickel prices barely covered costs
Cuban Vice President Jose Machado Ventura warned global nickel prices were on the verge of making the island’s most important export industry unprofitable. For full story, click here
US dollar drop fails to lift nickel in light of Lehman bankruptcy
By Leia Michele Toovey- Exclusive to Nickel Investing News Nickel prices tumbled more than 5 per cent on Monday as investors sold-off metals amid financial turmoil after Lehman Brothers filed for bankruptcy. The decline in the U.S. dollar failed to compensate for the Lehman instigated sell-off flurry. Analysts, however, are urging investors to sit tight [...]
Cuba restarts some nickel production after Ike
Cuba’s nickel industry has restarted some production after being damaged by Hurricane Ike a week ago. Basic industry Minister Yadira Garcia said: The state-owned Pedro Sotto Alba plant in Moa Holguin was operating and another state-owned plant in Nicaro Holguin was preparing to open. For full story, click here
