NEWS, page-545

Sorry Croc but you are a Croc of S*^% if you think "the only indicator currently is the LME"

Mines and mine restarts are not being financed because the miners do not believe the artificial LME Ni price and the associated finance costs

Big Shot made a big bet and lost, yet he only paid $1b of the $11b debt, I suspect he was allowed to maybe extend the short positions??? a grenade with a limited time frame.

NMC811 battery technology is the best energy density battery known. 8% Nickel, 40kg Nickel per vehicle. EV transportation is the future.

PLS have an independent Lithium auction which far excedes the LME spot price each time. Indicating the LME is an unreliable gauge.

Cu on the LME has also been shorted to the point that it has the biggest short position since 2015 and as a result the LME Cu price is at the lowest it has been for 18 months while the LME stock levels are close to all time lows and we are amidst duplicating the power network that has developed over the last 100 years in merely 10 years due to increased demand (people getting home from work and charging their cars). Haha a broken trading system.




Ooooh has anybody seen 200,000 tonnes of copper concentrate anywhere???? Yeh 200,00 tonnes LOL


https://www.mining.com/web/copper-worth-nearly-half-a-billion-dollars-goes-missing-in-china/

Just speculating a short position not disclosed????? and not identified by LME.

@Croc16 quite a while ago the LME became irrelevant to Li traders. It is currently broken and Cu and Ni traders will be looking at a better, more transparent world wide commodities trading systems. Please don't suggest the LME is the only indicator of the Ni price, those days are far behind us.

Strueth trading of Nickel is still not allowed in Asia after the Big Shots big blow out, the LME feels trading in only London for now is the best........haha the best for who???? How much time do we have left until that grenade explodes??

GLTAH's of Nickel and Copper stocks. Any of them