2007-06-06 11:15:42 story 1932674 Strong Chinese demand to underpin high nickel price LONDON (Thomson Financial) - Strong demand for nickel, particularly in China, will keep nickel prices at high levels, a miners conference heard Wednesday.
"Most analysts feel China will continue to grow strongly. Unless the country's economy significantly falters, nickel prices at least until the end of the decade, will be strong and stable," said Darma Ambiar, director of PT Aneka Tambang. Ambiar, who was attending the 7th Asia Pacific Mining Conference in Manila, said China's strong consumption of base metals, including nickel, ensures the profitability of state-run PT Aneka Tambang. He projected nickel prices to average 8.54 usd per pound in the next 10 years, from an average of 3.04 usd per pound from 2002 to 2003. "The outlook for nickel prices is very, very positive and our company is looking for various opportunities to increase output," Ambiar said. Aneka Tambang will keep nickel production steady at 14,500 metric tons this year, before raising it to 20,000-22,000 metric tons in 2008 when its new plant is scheduled to start running at 85 pct of its operating capacity. Aneka Tambang is Indonesia's second largest nickel producer. _____ From: obrolan-bandar@yahoogroups.com [mailto:[EMAIL PROTECTED] On Behalf Of Soepri Jono Sent: Wednesday, June 06, 2007 5:04 PM To: obrolan-bandar@yahoogroups.com Subject: Re: [obrolan-bandar] ANTM ANTM sejak januari 2007 Supri --- Heryadi <[EMAIL PROTECTED] <mailto:heriadi%40ramayana.co.id> co.id> wrote: > Sekuritas mana yang beli ANTM paling banyak? > Ada yang bisa bantu ngga?Thanks > __________________________________________________________ Moody friends. Drama queens. Your life? Nope! - their life, your story. Play Sims Stories at Yahoo! Games. http://sims. <http://sims.yahoo.com/> yahoo.com/
