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    ARM’s Profit Surges, Outlook Upbeat

    Investing News Network
    Feb. 28, 2011 07:46AM PST
    Battery Metals

    Bloomberg reported that African Rainbow Minerals (PINK:ARBWY) reported higher first-half profit due to increased output and higher prices.

    Bloomberg reported that African Rainbow Minerals (PINK:ARBWY) reported higher first-half profit due to increased output and higher prices.

    The market news is quoted as saying:

    ARM, which has interests in nickel, coal, iron ore, platinum, chrome and manganese, said the outlook for its commodities was positive due to demand from China and global supply constraints, although the strong rand was a concern.

    To read the full market news, click here.

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