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Nickel in the spotlight

Australian nickel plays are benefitting from a rising price for the stainless steel raw material due to looming Philippine mine closures announced earlier this week.

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Looming nickel mine closures in the Philippines have boosted Australian nickel companies including Western Areas

Nickel sulphide miner Western Areas (WSA) topped this week’s list of top Australian and Hong Kong movers, up 11.63% over five days.

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