The nickel price is killing Mincor. ( a great company with an exceptional MD ) It is killing most Nickel producers. Dam pig iron! Without it Mincor would be $10
http://www.mineweb.com/mineweb/content/en//mineweb-fast-news?oid=209447&sn=Detail Nickel glut extends to fourth year on China supply
Chinese producers will supply 456,000 metric tons of nickel pig iron in 2014, or 49% more than last year, Morgan Stanley estimates.
MCR Price at posting:
55.5¢ Sentiment: None Disclosure: Not Held