LME examining UK’s sanctions on Nornickel boss Potanin
The exchange is looking into the detail of the sanctions and what it may mean for itself, its participants, and Norilsk brands.
Britain sanctions Russia’s “Nickel King” Vladimir Potanin
Sanctions on Russia’s second richest man and president of Nornickel, target Vladimir Putin’s inner circle, the UK government said.
JPMorgan exits nickel saga as tycoon shrinks ‘big short’
Tsingshan Holding Group’s inability to pay its margin calls to its banks and brokers was among the main drivers of a 250% surge in prices in early March.
Nickel junior’s shares shoot up 50% after high-grade discovery
Widgie Nickel emerged from a trading halt Monday to rocket higher after the Perth-based company released assays from its Mt Edwards Project in Western Australia.
LME appoints consultancy to review chaotic nickel suspension
The exchange suspended nickel trading on March 8 after prices spiked by more than 50% to hit $100,000 a tonne.
MacLean to supply BEVs for Glencore’s Sudbury nickel operations
The MacLean battery electric vehicle (BEV) fleet at Onaping will consist of support vehicles for explosives charging, secondary reduction, shotcrete spraying, concrete transport, and utility vehicles.
Global nickel market deficit falls in April to 200 tonnes
During the first four months of the year, the global market was in a deficit of 8,100 tonnes.
FPX, Indigenous partner sign MOA for Decar nickel project in British Columbia
The new MOA between FPX and the Binche Society formalizes protocols for continuing the co-operative working relationship established regarding exploration and development activities.
Nickel chaos prompts LME to force disclosure of off-exchange trades
The world’s biggest base-metals bourse will require members to disclose all over-the-counter positions of their clients on a weekly basis starting on July 18.
Chinese stimulus, lower supply from Russia to keep nickel prices high – report
Nickel prices will edge higher in Q322 as Chinese stimulus measures improve the demand outlook and the Russia- Ukraine war continues to disrupt supply, says Fitch.
