How high can nickel soar? - Nickel surged to US$20,900 a tonne on - TopicsExpress

How high can nickel soar? - Nickel surged to US$20,900 a tonne on the London Metals Exchange, a price not seen in 27 months.The reason? Supply concerns: a ban on unprocessed ores by Indonesia entered its fifth month. Add to that Vale SA, the second-largest nickel producer, halted operations at its New Caledonia plant last week after an acid spill.On the demand side, remarks yesterday by government officials in China seemed to indicate some loosening of regulations in fi... ow.ly/2GDOlc

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