Metal Prices PRODUCER PRICES (May 23, 1988)

ALUMINUM: MW U.S. Market $1.08-$1.11 per lb. (May 5, 1988).

ANTIMONY: New York dealer $1.08-$1.13 per lb. (Apr 14, 1988).

BISMUTH: New York dealer $5.60-$5.75 per lb. (May 5, 1988).

CADMIUM: New York dealer $7.90-$8.30 per lb. (May 5, 1988).

COBALT: U.S. spot cathode $6.95-$7.10 per lb. (Apr 7, 1988).

COPPER: CANADA — Hudson Bay Mining & Smelting, cathode, $1.33 per lb. (May 17, 1988). UNITED STATES — $1.06 per lb. (May 17, 1988).

IRON ORE: UNITED STATES — M.A. Hanna Co., delivered Lake Erie ports, taconite pellets 86.9 cents per long ton unit of Fe. (Feb 26, 1982).

LEAD: CANADA — Noranda Sales, 43.00 cents per lb. (Feb 9, 1988). UNITED STATES — 34.00 cents per lb. (Feb 9, 1988).

MAGNESIUM: U.S., f.o.b. Freeport, ingot 99.8%, $US1.53 per lb. (Jan 2, 1986).

MOLYBDENUM: MW dealer oxide $3.58- $3.63 per lb. (May 5, 1988).

NICKEL: New York dealer cathode $7.95- $8.70 per lb. (May 5, 1988).

PLATINUM: Impala Platinum $US600 per oz. (Aug 28, 1986). MW New York dealer $517-$521 per oz. (May 5, 1988).

RHODIUM: Impala Rhodium $US1,275 per oz. (June 23, 1987). MW New York dealer $1,227-$1,237 per oz. (Apr 28, 1988)

TIN: MW New York dealer $3.21 per lb. (May 5, 1988).

TUNGSTEN: Free market ore (LMB) $55-$60 per mtu (Mar 30, 1988).

URANIUM: NUEXCO Exchange Value as of Mar 31, 1988, $US15.90 per lb. U3O8. NUKEM spot market for April, 1988: $US16.00-$16.50 per lb. U3O8.

ZINC: CANADA — HBM&S, high grade 70.00 cents per lb; special high grade, 70.50 cents per lb.(May 6, 1988). UNITED STATES — HBM&S, H.G. 57.00 cents ; S.H.G. 57.50 cents per lb. (May 6, 1988). OUTSIDE NORTH AMERICA — Falconbridge, $US1,070 per tonne (May 6, 1988).