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The article offers information on a deal to construct a pilot plant for nickel production by Freeport Sulphur Co. and the U.S. General Services Administration (GSA). It mentions that the pilot plant will help gather engineering and cost data on the process of reducing nickel ore to metal. It also notes that the pilot plant is expected to produce 30 billion pounds of nickel metal and 3 million pounds of cobalt per year.

The article reports that the increasing price of the nickel and the U.S. purchase guarantees for stockpiling has encouraged nickel mining industry to expand its business and bring new companies into the field. The mining companies are opening new reserves of the metal ore and are reworking on the old reserves which were not useful earlier. It also reports that the government in Canada is ready to invest 5 million dollars on a project of Sherritt Gordon Ltd.