Stillwater Critical Minerals Corp. press release
London Metal Exchange Adds Members to Nickel Committee to Address Contract Issues
TSXV - TSX Venture Exchange · Nickel · Copper · Cobalt · Platinum · Palladium · Rhodium · Gold · Chromium · Ruthenium · Iridium · Osmium · Canada
Nearly a year after nickel trading volumeson the London Metal Exchange crashed, the exchange has expanded its membership to come up with more ways to improve the nickel contract. TheLME suspended its nickel contractfor more than a week in early March 2022 shortly after a rush among investors to cover short positions caused nickel prices tosurge by more than 50%in hours to trade at a record $100,000-plus per ton during Asian trading hours.
Nickel plays a crucial rolein the development of stainless steel and EV batteries. The suspension of nickel trade had wide-reaching repercussions, and the...
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NOTE TO INVESTORS:The latest news and updates relating to Canada Nickel Company Inc. (TSX.V: CNC) (OTCQX: CNIKF) are available in the company’s newsroom athttp://ibn.fm/CNIKF
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