Friday, May 25, 2007

Nickel Advances in London as Voisey's Bay Production Halts; Copper Gains

(Bloomberg) -- Nickel rose from close to a two-month
low in London after production from the Voisey's Bay mill in
Canada was shut because of a dispute over safety. Copper and zinc
also advanced.

Cia. Vale do Rio Doce, the world's second-largest refiner of
the metal, said yesterday that employees were refusing to return
to work at the mine in Labrador. The unit produces about 1,300
metric tons of concentrate, an intermediate product, daily.
Nickel stockpiles stand at about three days of global demand.


Read more at Bloomberg Commodities News

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