Video: Power Nickel CEO sounds the alarm on naked short-selling
Terry Lynch said he noticed persistent and suspicious trading patterns in his company's stock, leading him to investigate.
Terry Lynch said he noticed persistent and suspicious trading patterns in his company's stock, leading him to investigate.
Tsingshan Group's nickel output rose 27% in 2023 to a record 1.12 million metric tons nickel unit.
The government plans to offer fresh subsidies and loans for a New Caledonia nickel plant co-owned by Glencore.
China's net imports of refined nickel fell to a near-decade low in 2023.
Nickelates may be crucial for high-temperature superconductors that are much easier to cool and thus are far more promising for potential future applications.
Prices of nickel on the London Metal Exchange have almost halved over the past year.
High costs and political tensions in the French-controlled Pacific territory have left its three processing plants on the verge of collapse.
Japanese trading house slashed its output estimate of nickel at the Ambatovy project.
The nickel market has been thrown into chaos after a flood of new supplies from Indonesia — the result of huge Chinese investment and major technological breakthroughs.
Other producers including BHP have put nickel projects on ice to counter falling prices for the metal.