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Gold/Mining/Energy : Mining News of Note

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To: LoneClone who wrote (33706)	3/3/2009 9:55:59 PM
From: LoneClone	Read Replies (1) of 193686

China's SRB may buy 10,000-20,000 T nickel reserves Sun Mar 1, 2009 8:22pm EST reuters.com HONG KONG, March 2 (Reuters) - China's State Reserves Bureau (SRB) may buy 10,000-20,000 tonnes of refined nickel from local smelters as reserves at a time when domestic demand is weak, industry sources said on Monday. The SRB, the commodity buyer for China that consumes nearly a quarter of the world's nickel output, already bought 590,000 tonnes of primary aluminium and 200,000 tonnes of refined zinc in December-February from local smelters that are suffering from weak demand.

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