POS 25.0% 0.5¢ poseidon nickel limited

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    Chinese stockpiler looks to buy copper and nickel

    By Anil Mathews (ScrapMonster Author)
    January 11, 2016 03:15:16 AM

    The state-owned commodity stockpile has stated that it will buy around 300,000 tonnes of copper and 150,000 tonnes of nickel.the quantity of nickel purchase would equate to almost 50% of the LME nickel stocks. The move by the Chinese state authority is expected to push higher the prices of these commodities.
 
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