Nickel hits near oneyear high fuelled by Philippine mine
Oct 28, 2020#0183;#32;Nickel Asia Corp said it suspended operations at its Hinatuan mine, one of its four in the Philippines, until Nov. 10, after 19 employees tested positive for the virus. The mine contributed 11 percent of the firm''s ore sales volume last year. quot;This will cause nickel price to shoot up a lot,quot; said a Singaporebased nickel trader.