Philippines to shut half of mines, mostly nickel

  1. 9,236 Posts.
    lightbulb Created with Sketch. 2
    Thu Feb 2, 2017 | 5:53 AM EST
    Philippines to shut half of mines, mostly nickel, in environmental clampdown

    http://mobile.reuters.com/article/idUSKBN15H0BQ

    extract...

    "The Philippine disruption should have a bigger impact on the overall nickel market considering it is the biggest nickel ore producer in the world," said ANZ commodity strategist Daniel Hynes.

    "If they are hard and fast orders, then the nickel price should be well supported."

    NICKEL PRICE CLIMBS

    Three-month nickel on the London Metal Exchange rose to a three-week high of $10,500 a ton.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.