anglo pacific group plc

Nickel gains

Nickel prices on Tuesday gained 0.68 per cent to Rs 899.60 per kg in futures trade as speculators built positions on rising demand from alloy-makers at spot market.

On the Multi Commodity Exchange, nickel contracts for March delivery gained Rs 6.10, or 0.68 per cent, to Rs 899.60 per kg in a business turnover of 4,408 lots.

In September 2017, Anglo Pacific Group PLC (LON:APF) entered into a royalty agreement with Brazilian Nickel Ltd (Brazilian Nickel) to acquire an initial 1% gross revenue royalty over the Piauí nickel-cobalt project.

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.