Web2 days ago · JPMorgan played a central role in the nickel crisis that brought the LME to its knees in March. It was the largest counterparty for Tsingshan Holding Group Co., the company whose huge short position was at the center of the squeeze. It reported a $120 million loss related to nickel in its first quarter results a year ago. WebMar 8, 2024 · Best News Website or Mobile Service ... One of the sources said Tsingshan's bets on lower nickel prices had amounted to around 300,000 tonnes at an average price …
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WebMar 8, 2024 · Best News Website or Mobile Service ... One of the sources said Tsingshan's bets on lower nickel prices had amounted to around 300,000 tonnes at an average price between $18,000 and $19,000 a tonne. WebDec 20, 2024 · The news comes as Tsingshan and its billionaire owner Xiang Guangda remain caught up in the fallout from the LME nickel crisis in March of this year. Login or … first person in space mission name
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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 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. … Web10 hours ago · Eramet has been present in Indonesia for more than 17 years through its participation in PT Weda Bay Nickel, Halmahera. The activities of Eramet in Indonesia are mainly nickel and ferronickel production with PT Weda Bay Nickel (Eramet is a 43% shareholder and Tsingshan 57% in Strands Mineral. Strands Mineral owns 90% and PT … first person in space milestone