Nickel recovery mildly helpful for stocks

THE nickel supply disruption from BHP Billiton’s Kalgoorlie Nickel Smelter shutdown – expected to drain 28,000 tonnes of the metal from the market in the next four months – has had a positive affect on the nickel price, up 11% in two sessions. The recovery has not been so good for actual nickel plays, which posted a mixed day.

loader