Norilsk Sells 136,400 Tonnes of Nickel

Reuters Africa reports Norilsk Nickel (LON:MNOD) sold 136,400 tonnes of nickel in the first half of the year at an average price of $25,923 per tonne.

The market news is quoted as saying,

Sprogis said investor demand for Norilsk’s output would boost prices in the second half, and added that one or two exchange traded funds (ETFs) backed by nickel and copper were likely to hit the market this year.

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