Lead Rises as Freeport-McMoRan Reduces Output
A reduced outlook for Freeport-McMoRan after a setback at their Grasberg mine has led to a rise in the industrial metals complex. Lead rose more than one percent.
Lead MPB3 was higher at $1,789/1,7990 against $1,770 and zinc MZN3 gained $24 to $1,742/1,745, while nickel MNI3 eased $25 to $18,475.
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Wed, Sep 10, 2008
Post by Melissa Pistilli, Lead Senior Reporter