Friday, 13 July 2007

Lead Rises to Record as Australia Pollution Probe May Further Curb Output

(Bloomberg) -- Lead rose to a record in London for
a third consecutive day on speculation an expanded inquiry into
contamination at Australian ports will exacerbate a shortage of
the metal. Copper also gained.

Western Australia state will assess pollution at seven
ports after lead was detected in tests at Derby and Geraldton,
the state's Department of Environment said yesterday. Shipments
of raw material containing the metal used in batteries had
already been suspended from the port of Esperance.


Read more at Bloomberg Commodities News

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