CAPITAL MARKETS

Informal talks restart at Sudbury as nickel targets US$10,000/t

INFORMAL talks are reportedly on again between the western world's largest nickel producer, Inco, and 4000 striking workers at its Sudbury complex in Canada as nickel prices soared to a more than three-year high.

Greg Tubby

Informal talks restart at Sudbury as nickel targets US$10,000/t

Nickel for three-months delivery closed on the London Metal Exchange at US$9725 a tonne after hitting a peak of US$9825/t, the highest level since May 2000, as the 12-week strike continues. Nickel production...

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