LME nickel closes at $6.88/lb.
* LME nickel average price 2005 - $6.70/lb. Fourth quarter of 2005 - $5.73/lb. Average price January 2006 - $6.60/lb.
* Inco extends deadline to buy Falconbridge for 3rd time - now June 30th.
* LME nickel inventory - no change = 35,082 tons.

LME Official Prices (US$/tonne) for 22 Dec 2008		LME Official Opening Stock (in tonnes)
NICKEL CASH BUYER 9,965.00 CASH SELLER & SETTLEMENT 9,970.00 3-MONTHS BUYER 10,100.00 3-MONTHS SELLER 10,105.00 15-MONTHS BUYER 10,350.00 15-MONTHS SELLER 10,450.00 27-MONTHS BUYER 10,650.00 27-MONTHS SELLER 10,750.00		DATE NICKEL 22 Dec 2008 75366