CAPITAL MARKETS

Nickel slumps to six-year low

THE nickel price plummeted 5% overnight to below $US12,000 per tonne.

Kristie Batten

London Metal Exchange cash nickel slumped 5% to $11,787.50/t, its lowest price since April 2009. The Greek debt crisis had been weighing on nickel, while UBS reported that the Shanghai Futures Exchange...

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