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MARKET TALK: LME Zinc Unfazed By Possible Volcan Strike

Tuesday, Dec 12, 2006
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LME zinc last at $4,360/ton, +$10 on London PM kerb in muted session, appears unresponsive to concerns over possible strike at Peruvian miner Volcan Compania Minera SAA, says trader at major Japan house. Adds, market players may be waiting for further news on what is likely to happen before reacting, strike would occur Dec. 19 depending on union vote.

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