Fitch Solutions recently upgraded its long-term price outlook for nickel to $16,500 from $15,750 per ton. This comes as the price of the metal continues rising, given the international market deficit.
Despite this, nickel prices on the London Metals Exchange are expected to decrease in the coming months as the production of the metal increases and the demand from steel production is stabilized…
NOTE TO INVESTORS: The latest news and updates relating to Excellon Resources Inc. (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) are available in the company’s newsroom at https://ibn.fm/EXN
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