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Nickel Miner Sherritt Expects Nickel Prices to Rise in 2015

Sherritt International, a Canadian nickel miner with operations in Madagascar and Cuba, said it expects the price of the metal to rally as the market swings to deficit as soon as next year.

“On longer-term supply and demand fundamentals, which ultimately have to govern here, we think we’re going to move from several years of surpluses to a period of a few years of probably supply deficits,” Sherritt Chief Executive Officer David Pathe told Business News Network Canada.

Source:MetalMiner

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