Nickel breaks through $7/lb

THE rally in base metals on the London Metal Exchange continued overnight.

Nickel breaks through $7/lb Nickel breaks through $7/lb Nickel breaks through $7/lb Nickel breaks through $7/lb Nickel breaks through $7/lb

Zinc was the biggest mover, up by 2.4% to US$3219 per tonne, around a six-week high.

Significantly, copper broke through $7000/t (reaching nearly $7100/t) for the first time since February.

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