Commodities
LME faces probe by UK regulators over nickel trade suspension
By Frank Prenesti
Date: Monday 04 Apr 2022
(Sharecast News) - The London Metal Exchange's (LME) handling of a nickel trading suspension during chaotic trading last month after Russia's invasion of Ukraine is being probed by UK regulators.
Nickel, a key component of batteries for electric vehicles, soared more than 50%, on March 8 to hit $100,000 a tonne.
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