You Searched For "london metal exchange" and got 20 results
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2 mins read
Hedge fund Elliott Management sues the London Metal Exchange for $456 million over nickel trading fiasco
The commodities trading hub suspended nickel trading in March after prices briefly topped $100,000 …
George Glover
3 mins read
Nickel prices skyrocket 110% to top $100,000 a ton, prompting a trading halt after Russian sanctions trigger a big short squeeze
Record price gains in nickel, used in stainless steel and EV batteries, are forcing short-sellers t…
Shalini Nagarajan
2 mins read
The global hub for metal markets has halted nickel trading until March 11 after prices topped $100,000 per ton
The exchange was forced to suspend trading after nickel doubled to above $100,000 in the "mother of…
Shalini Nagarajan
2 mins read
The London Metal Exchange is weighing a ban on Russian metals, and is in talks with governments about it
A ban on Russian metals could have a big impact on metals like copper, nickel, and aluminum as Russ…
Hamza Fareed Malik
2 mins read
The London Metal Exchange will resume nickel trading with price caps Wednesday, after an epic short squeeze drove prices to $100,000
The LME decision comes after Tsingshan reached a 'standstill' deal with its creditors over the bill…
Hamza Fareed Malik
2 mins read
UK regulators will review the LME's messy halt to nickel trading, after it triggered outrage by canceling $3.9 billion in trades
The Financial Conduct Authority and the Bank of England will review the London Metal Exchange's dec…
Hamza Fareed Malik
2 mins read
Nickel plunges 5% and London Metal Exchange halts trading once again as chaos continues
The fall in nickel suggests a dramatic short squeeze is easing but the trading suspension is an emb…
Harry Robertson
1 min read
Nickel price volatility resumes as the metal plummets 15% on the London Metal Exchange to hit limit down
On Thursday and Friday, the London Metal Exchange set 8% and 12% trading ranges, respectively, and …
Phil Rosen
5 mins read
Meet the heavy metal-drumming CEO bringing back cheap transatlantic travel, and learning from the mistakes of his airline's failed predecessors
Birgir Jónsson is the CEO of Icelandic budget airline Play. He told BI how Iceland's geography lend…
Pete Syme
1 min read
A scrap metal scam led to hundreds of millions in estimated losses at Europe's top copper producer
The metals industry has been rocked by massive thefts over the past year, including a bag of rocks …
Matthew Fox
5 mins read
Anil Agarwal – how a Bihar boy who knew only ‘yes’ and ‘no’ went onto list the first Indian company on London Stock Exchange
Metal and mining magnate Anil Agarwal has announced investments of ₹1.8 lakh crore in the past one …
1 min read
Over half a million silver coins just vanished – now the metals dealer behind the 'fraudulent' scheme must pay $146 million
A precious metals dealer has been asked to pay $146 million in damages after over 500,000 silver co…
Joseph Wilkins
1 min read
Copper plunges to its lowest mark in 17-months as the economic bellwether slumps further into a bear market
The metal, which is considered a bellwether of the global economy, is coming off its worst quarter …
Phil Rosen
2 mins read
The Fed says wild swings in commodities markets are ramping up the risk of 'contagion' that could hit global banks hard
Oil, metal, and food prices have all been on a wild ride this year as dark clouds have gathered ove…
Harry Robertson
4 mins read
Explainer: Should you invest in silver ETFs?
Explainer: Should you invest in silver ETFs?
1 min read
The world's top metals trader is stuck in another nickel-shipment snafu after getting bags of stones from a Dutch warehouse
Earlier, the Wall Street Journal reported that JPMorgan Chase was the owner of bags of stones at th…
Filip De Mott
1 min read
EV metal suppliers jump as Biden is expected to invoke the Defense Production Act to ramp up US production
Shares of key metal producers like Lithium Americas, Piedmont Lithium, MP Materials, Standard Lithi…
Phil Rosen
2 mins read
JPMorgan is the largest counterparty of the nickel 'big short' and is leading talks to contain the damage to the market: reports
About one-third of Xiang Guangda's total short position of more than 150,000 tons of nickel is hel…
Hamza Fareed Malik
2 mins read
Commodities from coal to nickel soar as traders shun Russia exports ahead of possible supply disruptions
Russia's war in Ukraine sent commodity prices soaring as traders ditched Russian exports as sanctio…
Hamza Fareed Malik
2 mins read
Commodities like oil, precious metals, and wheat are soaring after Russia's full-scale invasion of Ukraine
Oil surged to $100 a barrel, while gold hit $1,945 per ounce after Russia invaded Ukraine early Thu…