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Aurubis starts construction of plant to extract copper and nickel from recycled material, bleed
German multi-metal recycling giant Aurubis began construction of its bleed treatment plant in Olen, Belgium, the company said on Tuesday March 7
March 8, 2023
·
By Yasemin Esmen
Insights
UK Financial Conduct Authority opens investigation into LME’s March 2022 suspension of nickel futures
The UK's Financial Conduct Authority (FCA) has opened an enforcement investigation into the London Metal Exchange’s “conduct, systems and controls” related to nickel futures trading
March 6, 2023
·
By Yiwen Ju
Insights
UK regulator FCA steps up its nickel investigation
Almost a year after the London Metal Exchange temporarily suspended trading in its nickel contract, it has become the subject of the first enforcement investigation of a UK exchange by its regulator
March 6, 2023
·
By Andrea Hotter
Insights
BHP calls for ‘long overdue’ reform of LME metal delivery rules
Australian mining giant BHP has added to the growing industry pressure on the London Metal Exchange to reform its benchmark nickel price to make it more reflective of the physical market
February 24, 2023
·
By Callum Perry
Insights
Ford’s new LFP plant marks expansion of chemistry in NCM-dominant US market
US automotive manufacturer Ford’s announcement that it would invest $3.5 billion to build a lithium iron phosphate (LFP) plant in the US state of Michigan marks the chemistry’s adoption in a nickel cobalt manganese (NCM) dominated market
February 20, 2023
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By Justin Yang
Insights
Trafigura faces alleged nickel swindle | Hotter on metals
Global commodities trader Trafigura is suing Indian businessman Prateek Gupta and companies connected with him after discovering an allegedly elaborate scheme of nickel fraud
February 16, 2023
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By Andrea Hotter
Insights
Nickel market reacts to Trafigura’s ‘shocking’ fraud allegations
Nickel market participants around the world reacted with alarm to the allegations of “systematic fraud” raised by global commodity trading house Trafigura that could result in losses of up to $577 million
February 13, 2023
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By Callum Perry
Insights
Nickel sulfate price rebounds in China; market participants skeptical amid subdued EV demand
The nickel sulfate price rebounded for the first time in two months with new buying interest emerging after China’s 2023 Lunar New Year holiday
February 13, 2023
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By Yiwen Ju
Insights
India’s ambitious green steel goals depend on challenge of scrap supply
India has tough targets when it comes to increasing the volume of steel scrap being consumed by the country’s steel sector, but to reach its targets it will have to consider the supplies of such material that are available to Indian mills, an industry conference has heard
February 13, 2023
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By Lee Allen, Min Li
Insights
Getting nickel going again | Hotter on metals
There’s widespread agreement that the London Metal Exchange nickel contract is broken, but little consensus on how to get it going again.
February 10, 2023
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By Andrea Hotter
Insights
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