Nickel Notes To Soar Again

Dec. 23, 2009 07:22AM PST

Nickel is set for good times in 2010. Russia’s government has decided to reimpose a 5% tax on nickel exports that was suspended in January. Any takers? They have done it again. After a 6-month hiatus, Russia is set to re-instate its 5 per cent export tax on nickel next month. For the …

Nickel is set for good times in 2010. Russia’s government has decided to reimpose a 5% tax on nickel exports that was suspended in January. Any takers?

They have done it again. After a 6-month hiatus, Russia is set to re-instate its 5 per cent export tax on nickel next month.

For the past half year, the government has been debating the possibility of linking the export duties for nickel and other market metals to the market prices.

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