WebMar 11, 2024 · JPMorgan Chase caught as counterparty in nickel short-squeeze drama - Bloomberg Mar. 11, 2024 5:09 PM ET JPMorgan Chase & Co. (JPM) SCBFF , BNPQF , DBSDF , UOVEF By: Liz Kiesche , SA News Editor ... WebMar 31, 2024 · Experts have cast doubt on Tsingshan Holding Group Co. Ltd.'s aggressive plans to build a high-pressure acid leach, or HPAL, operation for just US$700 million in …
A nickel-trading fiasco raises three big questions
WebApr 11, 2024 · PT Indonesia Tsingshan Stainless Steel (ITSS) has not responded to Indonesia: Unsafe working conditions at Chinese-owned nickel smelters led to 76 injuries and 57 deaths from 2015 to 2024, CSO report shows. stories Story 11 Apr 2024 WebMar 9, 2024 · Jakarta, CNBC Indonesia - Raksasa nikel China Tsingshan Holding Group dikabarkan menghadapi kerugian perdagangan miliaran dolar, setelah perang Rusia di Ukraina memicu kenaikan harga nikel yang belum pernah terjadi sebelumnya. Nikel menjadi logam utama yang digunakan dalam baja tahan karat dan baterai kendaraan listrik. … irs charity deduction 2022
Experts cast doubt on Tsingshan
Web19 hours ago · Guangda built up a short position of 150,000 tons of nickel, of which 50,000 was held through an over-the-counter position with JPMorgan. When the price of Nickel soared on Russia's invasion of Ukraine, Guangda's Tsingshan Holding Group at one point faced a $10bn loss in early March last year. WebMar 14, 2024 · Chinese tycoon Xiang Guangda has to find a way to bail his Tsingshan Holding Group out of a crisis after its bet on nickel prices backfired, fuelling more volatility in a metal essential for the electric vehicles industry.. One of the world’s top nickel producers faces massive losses on its short positions after prices soared over $100,000 per tonne … WebMar 16, 2024 · Tsingshan’s 2024 nickel equivalent output is estimated at 850,000 tonnes. Its nickel matte production in Indonesia is nearly 8,000 tonnes per month, according to the … portable room heater india