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Mining Weekly reported nickel was the hardest hit commodities on the West Australia market for the last quarter.
Mining Weekly reported nickel was the hardest hit commodities on the West Australia market for the last quarter.
As quoted in the market news:
With the exception of iron-ore, all commodities surveyed fell during the month, with nickel being the most heavily affected, falling 10.9% as supply for the base metal remained in surplus.
Other base metals did not fare much better and have been affected by China’s cooling growth, with aluminium, lead and tin falling 8.3%, 5.9% and 5.8% respectively, said Richards.