We expect China to remain a key driver of the nickel market and our Asia Pacific operations are ideally positioned to meet growing demand from China and the rest of Asia going forward.
It may take a little longer to get the deal done but we're convinced that this deal is worth the wait.
Where Inco has operations, it has legacies, and we are going to have to face up to them in a proper and responsible way,
This company will be a Canadian-based nickel and copper powerhouse on the global scene,
This combination will create a mining and metals powerhouse, with outstanding growth prospects and a truly unique opportunity to create significant value for shareholders.
Those are the two dates we are looking at right now and, depending upon what the response is from them, we would then decide what the timing would be for the offer.
we are interested in exploring future opportunities in the region.
The new Inco will be stronger, larger, more diversified, with perhaps the best operations, best estimated reserves, the best growth projects, as well as a great global marketing position,
The new company will have a have more diversified business profile with about half of the combined pro forma 2005 revenues from nickel, one third from copper, 10 percent from aluminum and the balance from zinc, precious metals and cobalt.
Our North American operations remain a vital base,