Big Chinese stimulus juices metals, and Fortescue announces plans to buy 100 electric trucks
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This week China's government pumped more liquidity into financial markets and cutting interest rates to try to pull its economy out of a deflationary spiral and back toward its growth target. On Saturday mining audiences manager Michael McCrae recorded Kitco Roundtable. The Chinese stimulus was good for the metals with copper, gold and silver reporting gains. In mining news Fortescue announces plans to buy a fleet of 100 electrical trucks.
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