Some more interest because of batteries maybe. Over $1 up is weird even so. Noront will go down of course as the manipies keep us tied till the elastic breaks.

Jilin Jien Nickel Industry Co. will invest an additional $400-million in its project to extract nickel in Nunavik in northern Quebec.

Wu Shu, the mining company’s CEO, made the announcement Monday in Beijing after a meeting with Premier Jean Charest.

The addition of $400-million in the project brings the total investment of Chinese mining to $800-million in the northern tip of Quebec.

The mine is expected to begin production in mid-2012 and employ about 270 people.

The Chinese mine nickel for the chemical industry and for the manufacture of consumer products like batteries.