Tuesday, July 17, 2007

Lead Rises to Record for Fifth Session in London After Doe Run Explosion

(Bloomberg) -- Lead rose to a record for a fifth
consecutive session on the London Metal Exchange after Doe Run
Resources Corp., the world's second-largest refiner of the
metal, said a U.S. smelter was damaged by an explosion.

The blast happened on July 13 at 11:40 p.m. local time, the
St. Louis-based company said in a July 14 statement posted on
its Web site. The incident was contained in the area where
finished metal is produced, it said. The rest of the Herculaneum
plant in Missouri is operating, Doe Run said.


Read more at Bloomberg Commodities News

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