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Abaxx Commodities Exchange: "I think nickel will be the first step in that battery metals space for us, not the last," said David Greely, chief economist for the exchange.
A new Singapore-based commodities exchange, preparing to roll-out a futures contract for nickel used in electric vehicles , also aims to add contracts for other metals used in EV batteries, executives...
Singaporean commodities exchange Abaxx plans to release a nickel sulphate futures contract to meet global demand.
EV Nickel Contract: Abaxx said it had consulted with 21 firms before coming up with its nickel contract, including automakers, mining companies, brokers and trading firms. It declined to identify them due to confidentiality clauses.
A new Singapore-based commodities exchange aims to launch the world's first futures contract for a type of nickel used in the booming electric vehicles sector by the end of this year, an executive...