| Business Summary | | INCO
Limited
is
a
mining
and
metals
company.
The
Company
is
a
producer
of
nickel,
a
hard,
malleable
metal
that,
given
its
properties
and
wide
range
of
applications,
can
be
found
in
thousands
of
products.
The
Company
is
also
an
important
producer
of
copper,
precious
metals
and
cobalt
and
produces
sulphuric
acid
and
liquid
sulphur
dioxide
as
by-products
from
its
processing
operations
at
Sudbury,
Ontario.
The
Company's
principal
mines
and
processing
operations
are
located
in
the
Sudbury
area
of
Ontario,
the
Thompson
area
of
Manitoba
and,
through
a
subsidiary
in
which
the
Company
has
an
equity
interest
of
59%,
PT
International
Nickel
Indonesia
Tbk
(PT
INCO),
on
the
island
of
Sulawesi,
Indonesia. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | INCO
Limited
is
engaged
in
the
mining,
processing,
and
refining
of
nickel,
copper,
precious
metals,
and
cobalt.
For
the
six
months
ended
6/01,
revenues
fell
27%
to
$1.17
billion.
Net
income
applicable
to
U.S.
GAAP
and
applicable
to
Common
fell
less
than
1%
to
$241
million.
Results
reflect
lower
nickel
prices
and
lower
production
in
the
stainless
steel
industry.
Earnings
were
partially
offset
by
a
$173
million
deferred
tax
benefit
due
to
the
revalution
of
deferred
tax
liabilities. | More
from
Market Guide: Significant
Developments |
| | |
| Position | Michael Sopko, 61 | Chairman | Scott Hand, 57 | Pres,
CEO, Deputy Chairman | George Halatsis | CFO,
Exec. VP | Stuart Feiner, 51 | Exec.
VP, Gen. Counsel and Sec. | Peter Goudie, 51 | Exec.
VP - Marketing |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|