Canada ‘very unlikely’ to join OPEC-like group for nickel -gov’t source

A worker displays nickel ore in a ferronickel smelter owned by state miner Aneka Tambang Tbk at Pomala district, Indonesia, March 30, 2011. REUTERS/Yusuf Ahmad/File Photo OTTAWA, Nov 17 (Reuters) – Canada has not committed to establishing an OPEC-like organization for nickel-producing countries with Indonesia and is "very unlikely" to participate in any such group, a Canadian government source familiar with the discussions said on Thursday. Indonesia proposed talks with Canada to establish the organization in a meeting between Investment Minister Bahlil Lahadalia and Canadian Trade Minister Mary Ng on the sidelines of the G20 summit in Bali earlier this week. A statement from Bahlil’s office said Ng "welcomed the proposal and the next step for both countries to explore such collaboration opportunity." "Minister Ng did not commit to exploring this collaboration at this time," said the source who was not authorized to speak on the record. "It is very unlikely we will be doing this (joining an OPEC-like nickel group). Officials expressed high levels of reservation about the Indonesian proposal." Latest Updates A spokeswoman for the Indonesian investment ministry did not respond to a request for comment made outside of office hours. Oil companies in many OPEC countries […]

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