Inco reports results for first quarter of 2004: “Inco enjoyed a strong first quarter for 2004 as a result of high metal prices and improved nickel production and deliveries. Nickel production increased by 15 per cent and Inco-source nickel deliveries grew by 19 per cent for the quarter compared with the first quarter of 2003. We are on track to hit our highest annual nickel production levels in nearly thirty years. With strong nickel markets currently expected to continue for the foreseeable future, we anticipate that 2004 will be an excellent year for Inco.”

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