One of the companies that is heavily exposed to the crisis, China’s Tsingshan Holding Group, has a huge investment in Zimbabwe.The company, the world’s largest nickel producer, faces $8 billion in trading losses from the crisis as a result of short positions (expecting the price to go down). Tsingshan is building Africa’s largest iron ore mine and steel plant in Zimbabwe, a project that is expected to be the country’s largest employer. The losses [of Tsingshan] could put this investment at risk.
https://lawntennisnews.com/how-the-nickel-crisis-may-impact-africa/
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$4.51 |
Change
0.020(0.45%) |
Mkt cap ! $2.404B | |||
| Open | High | Low | Value | Volume |
| $4.56 | $4.57 | $4.49 | $3.042M | 673.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 11619 | $4.48 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.51 | 63 | 1 |
View Market Depth
| Last trade - 16.10pm 05/09/2025 (20 minute delay) ? |
| CIA (ASX) Chart |