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AME: Price rebound holds hope for nickel producers

AUSTRALIAN nickel producers have had more reason to smile in the last month as they watched prices surge above US$3.00 a pound to 10-month highs on the back of improved global economic prospects, metal forecaster AME Mineral Economics said.

Greg Tubby

Nickel has led the base metals pack with price rises of over 55% in a little more than five months. But while the price rise is good news for Australia's major nickel producers BHP Billiton and WMC,...

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