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This certainly would be helping lift the nickel price. And it...

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    This certainly would be helping lift the nickel price.  And it was before last nights nickel price jump.

    http://www.bloomberg.com/news/artic...ins-as-strike-curtails-operations-at-bhp-mine
    Nickel Gains as Mine Strike Threatens to Constrain Supply

    Nickel capped the biggest two-session gain in 11 months as a strike at the world’s second-largest mine for the metal signaled supply constraints.
    BHP Billiton Ltd.’s site in northern Colombia is at “less than full capacity,” and the company said it sent force majeure notices to some customers, allowing for missed deliveries. Nickel and tin rallied the most among the six main metals on the London Metal Exchange, which also gained on speculation that China will take more steps to support economic growth after industrial profits declined in March.
    “The complex has been further fueled by the force majeure in nickel,” Michael Turek, the head of base metals at BGC Partners Inc. in New York, said in an e-mail. “This stoppage has specifically fueled a rally against a background of current supply being constrained.”

    Nickel for delivery in three months gained 2.7 percent to settle at $13,550 a metric ton at 5:51 p.m. on the LME. Prices rose 6.7 percent in two sessions, the most since May 19.
 
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