Cadmium lifts to three-year high

CADMIUM has emerged as the surprise packet on world metal markets over the past few weeks with a strong price rise lifting the tightly traded material to a three-year high.

The spot cadmium price in Europe was quoted at buyer US50c a pound, seller US60c/lb on strong Asian demand.

A week ago, cadmium was trading at buyer US30c, seller US40c.