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Heavyweight metal

机译:重金属

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First it was metals, now it is the companies that mine them. In May prices for copper, nickel and other metals rose to record levels, although they have since fallen a bit. Now three mining firms are proposing the most expensive merger in the industry's history. The $40 billion deal, in which an American company, Phelps Dodge, plans to take over two Canadian ones, Inco and Falconbridge, would create the world's biggest producer of nickel, the number two in copper, and the fifth-ranked mining firm overall. The records may not stop there: two other mining firms, Xstrata and Teck Cominco, had previously bid for Falconbridge and Inco respectively, and could make further offers.
机译:首先是金属,现在是开采金属的公司。 5月份,铜,镍和其他金属的价格上涨至创纪录水平,尽管此后有所下降。现在,三家矿业公司正在提议该行业历史上最昂贵的合并。这笔400亿美元的交易将使美国公司菲尔普斯·道奇(Phelps Dodge)计划接管加拿大的两个镍矿公司(Inco)和鹰桥公司(Falconbridge),这将创造世界上最大的镍生产商,第二大铜生产商和第五大矿业公司。记录可能还不止于此:另外两家矿业公司Xstrata和Teck Cominco此前分别竞标了Falconbridge和Inco,并可能会进一步出价。

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