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Nickel slumps to six-year low

NICKEL fell below $US13,000 per tonne overnight, while iron ore dropped under $53/t.

Kristie Batten

On the London Metal Exchange, nickel fell 3.1% to $12,824.50/t, its lowest point since May 2010. Nickel is down 8.6% this month, with not even a looming strike at BHP Billiton’s Cerro Matoso operation,...

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