BASE METALS

LME nickel actions were effectively a Tsingshan bailout, court hears

The London Metal Exchange’s decision to cancel nickel trades in 2022 was in effect a bailout of one major market participant and breached the human rights of other traders, a court in London has heard.

LME nickel actions were effectively a Tsingshan bailout, court hears

The hedge fund Elliott Associates, and the trader and market maker Jane Street Global, are suing the LME over cancelled nickel trades, seeking a combined $472 million in damages The LME closed the nickel...

Start a free trial to continue reading this article
Already have an account?  
Subscribe now

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Journal Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Journal Intelligence team.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.

editions

Q1 Mining Equities Report 2023

Discover new trends in mining investment with insights into capital raisings and share price performance of more than 2,500 companies.

editions

Mining Journal Intelligence Mining Equities Report 2023

Access an exclusive, inside look on the quarterly mining IPOs and secondary raisings data and mining equities performance tables with an annual Stock Exchange Comparisons supplement.

editions

Mining Journal Intelligence World Risk Report 2023 (feat. MineHutte ratings)

A detailed analysis of mining investment risks across 121 jurisdictions globally, built on 11 ‘hard risk’ metrics and an industrywide survey.