Tag: Indonesia mining quotas
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LME nickel eases after rally; Indonesia-Philippines cooperation supports supply outlook
Nickel prices correct after touching two-year highs Indonesian ore policy, regional cooperation remain key focus London Metal Exchange (LME) nickel futures softened in the week ended 8 May after recent sharp gains, with the three-month contract closing at $19,085/t, down 1.5% w-o-w from $19,385/t. Prices had earlier touched the $20,000/t mark for the first time…