CONSENT OF OSLER, HOSKIN & HARCOURT LLP


                                                   Direct  Dial: (212) 907-0504
                                                   Our Matter Number: 1037011



April 22, 2003


Inco Limited
145 King Street West, Suite 1500
Toronto, Ontario
M5H 4B7

Dear Sirs/Mesdames:

Re:  Registration Statement on Form F-10 for Inco Limited
---------------------------------------------------------

We have acted as Canadian  counsel to Inco Limited (the "Company") in connection
with the  registration  statement  on Form F-10 (the  "Registration  Statement")
being filed today by the Company with the  Securities  and  Exchange  Commission
under the United States Securities Act of 1933, as amended,  with respect to the
3 1/2% Subordinated Convertible Debentures due 2052.

We know that we are  referred to under the headings  "Enforceability  of Certain
Civil Liabilities",  "Description of Subordinated Debentures - Enforceability of
Judgments"  and  "Validity of the  Subordinated  Debentures"  in the  prospectus
forming a part of the  Registration  Statement and we hereby consent to such use
of our name in the Registration Statement.

Yours very truly,


/S/ OSLER, HOSKIN & HARCOURT LLP

RCL/ALW