Anyone who has spent time in our Sudbury operations knows it takes a lot of electricity to run our mines, our mills, our smelters and our refineries. |
For a good part of our shared history a lot of people have been saying, You know, if only these two Canadian companies could get together, what a great company that could be. Well, that day has arrived. |
In particular, it recognizes the growing importance of our Asia-Pacific operations as we build the Goro project in New Caledonia, and expand our PT Inco operations in Indonesia, |
In particular, it recognizes the growing importance of our Asia-Pacific operations as we build the Goro project in New Caledonia, and expand our PT Inco operations in Indonesia. |
It may take a little longer to get the deal done but we're convinced that this deal is worth the wait. |
It will be a major presence in north and south America, in Asia, in the South Pacific and in Europe. |
It's not unusual for a transaction of the magnitude of ours to move to a second phase. |
Our North American operations remain a vital base, |
Stainless steel production, orders and prices have all risen strongly, in line with an overall improvement in the global economy and strong industrial production growth. |
support our aggressive growth and our drive to be the world's leading nickel company. |
Synergies that we get together offer great growth and great employment opportunities in Sudbury and elsewhere around the world, |
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. |
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, |
This combination will create a mining and metals powerhouse, with outstanding growth prospects and a truly unique opportunity to create significant value for shareholders going forward. |
This combination will create a mining and metals powerhouse, with outstanding growth prospects and a truly unique opportunity to create significant value for shareholders. |