Indium prices dip as buyers stay out of market

Oct 12, 2005 | 08:24 AM | Sean Barry

Indium prices have come under downward pressure as rising inventory levels and the recent run-up in prices prompt consumers to stay on the sidelines.

The slight dip comes despite the shutdown last week of Falconbridge Ltd.'s Kidd Creek operation in Timmins, Ontario, which produces indium as a byproduct of copper and zinc output. Estimates of indium output at Kidd Creek vary, but several sources said it probably was in a range of 15 to 17 tonnes a year.....

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