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Stillwater Critical Minerals Corp. press release

LME Battles Suit Instituted After 2022 Nickel Trading Chaos

TSXV - TSX Venture Exchange · Nickel · Copper · Cobalt · Platinum · Palladium · Rhodium · Gold · Chromium · Ruthenium · Iridium · Osmium · Canada

The London Metal Exchange is getting ready to head to court and defend itself more than a year after it temporarily halted nickel trades.In March 2022, the London exchange was forced to stop nickel trading and cancel ongoing trades amid a once-in-a-decade crisis that saw nickel prices surge by 250% in just 24 hours.

At the center of the crisis was Xiang Guangda, a Chinese billionaire who runs one of the largest nickel producers in...

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Earlier from Stillwater Critical Minerals Corp.