Tsingshan Holding Group, the world’s largest nickel producer, has said that it will be able to tackle a historic short squeeze after gathering sufficient nickel inventory for delivery, and with ...
Tag: Nickel
Rivian Racks Up $4.7 Billion Loss, Sees Supply Snags Curbing EV Output
Newly built Rivian R1 T electric pickups. Rivian Rivian, the best-funded electric vehicle startup in U.S. history, said losses during its initial year of electric truck production were nearly $5 billi...
Russian Nickel Compounds Pain For Carmakers Contending With Chip Shortages
Volkswagen ID.5 electric cars being built at the company’s Zwickau, Germany, plant Getty Images Carmakers have struggled to maintain production levels for over a year owing to a computer chip sh...
Nickel price has gone parabolic. These stocks will benefit
The Nickel price has skyrocketed this week as investors focus on the impact of Russian sanctions. The price rose spectacularly, forcing London to halt its trading on Monday. A metal that was trading a...
Nickel price surge could threaten automakers’ EV plans
The price of nickel is surging as investors take stock of the new global reality: Russia, a key supplier of the metal, is now facing extensive sanctions following its invasion of Ukraine. In an unusua...
Nickel Tops $100,000 as Big Short Tests 145-Year-Old Exchange
(Bloomberg) — Nickel spiked briefly above $100,000 a ton on the London Metal Exchange amid a short squeeze that’s embroiled a major Chinese bank and encouraged rule changes from one of the world...
Nickel price skyrockets by over 60% to a fresh record high
Nickel price sky-rocketed by over 67% in early Tuesday’s session, which is one of largest moves ever recorded in the metals sector. The rise of over $20,000, its greatest daily gain on record, placed ...
Nickel Jumps 62% as Russia Supply Risk Sparks Huge Short Squeeze
(Bloomberg) — Nickel surged as much as 62% in one of the most extreme price moves ever seen on the London Metal Exchange, as fears over Russian supplies leave buyers exposed to a historic squeez...