You Searched For "nickel" and got 20 results
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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
3 mins read
Global shares recover losses in volatile trade, as surging commodities fan fears of 1970s-style stagflation
Nickel prices roared to $100,000 a ton in minutes, while crude oil traded at 2008 highs, creating h…
Amanda Cooper
1 min read
Nickel prices soar 90% to new record high on worries about shortages from major supplier Russia
Nickel reached $55,000 a metric ton in London, and the jump of more than $26,000 marked the biggest…
Carla Mozée
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…
George Glover
6 mins read
It's about to be the perfect storm for big-time M&A deals to finally take off
Companies are getting more and more aggressive with their dealmaking despite a Biden administration…
Dan DeFrancesco
2 mins read
The curious cases of the nonexistent silver coins, vanishing crypto, and stones in place of nickel – 3 bizarre investment frauds of 2023
The year 2023 has seen its share of investment frauds. Some of the more peculiar cases involved mis…
Joseph Wilkins
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
1 min read
NASA probe heads for metal-rich asteroid worth $10 quintillion after launch on SpaceX rocket
With help from Elon Musk's SpaceX, NASA successfully launched a probe headed for an asteroid brimmi…
Filip De Mott
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
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
2 mins read
The race to the moon is heating up as lunar resources could top $1 quadrillion in value
The head of Russia's space agency said "the race for the development of the natural resources of th…
Filip De Mott
2 mins read
JPMorgan Chase thought it had $1.3 million of nickel, but they were all bags of stones. It's happened before.
Swiss trader Mercuria Energy received spray-painted rocks instead of $36 million worth of copper it…
Huileng Tan
1 min read
An asteroid loaded with $10 quintillion worth of metals edges closer to US reach
NASA is preparing to launch a spacecraft to study an asteroid thought to be made up of $10 quintill…
Filip De Mott
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
2 mins read
JPMorgan Chase thought it had $1.3 million worth of nickel stored in a warehouse. A closer examination revealed bags of stones.
The bank kept bags of stones in a Dutch warehouse thinking they were bags of nickel that would have…
Lakshmi Varanasi
1 min read
Warehouse workers around the world are being told to kick bags of nickel to make sure they're not filled with stones like JPMorgan recently discovered
Warehouse workers around the world are frantically checking to see that bags of nickel really conta…
Lakshmi Varanasi
1 min read
These are the 4 top crypto concerns holding back institutional investors, survey says
At the top of the list is crypto security, which trumped regulatory uncertainty and price volatilit…
Isabelle Lee
1 min read
Billionaire Barry Diller says the market is being driven by 'great speculation,' and urges investors to save 'every nickel'
Barry Diller said that each day from now until November is going to get "more and more concerning" …
Emily Graffeo
2 mins read
UK sanctions Russia's 'second richest' man, an oligarch known as 'Nickel King,' over Ukraine war
Vladimir Potanin, a mining tycoon and close ally of Russian President Vladimir Putin, was targeted …
Natalie Musumeci
1 min read
Oil from questionable origins with a 40% discount is being offered to US energy traders, report says
One middleman offered up to 200,000 barrels of heavy-sour crude at a $30 markdown vs. West Texas In…