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Top News In நிக்கல் சுரங்கங்கள் வரையறுக்கப்பட்டவை Today - Breaking & Trending Today

Exclusive: KPMG managers back liquidation of Singapore firms in $1 billion nickel scandal

Singapore firms accused of being involved in a $1.1-billion bogus nickel trading scheme should be placed in liquidation as there was no business to be preserved, interim judicial managers at accounting firm KPMG have said in a document seen by Reuters. ....

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METALS-Copper rises as strike fears and Chinese data reassure bulls

Copper prices rose on Thursday, helped by the threat of strikes at mines in top producer Chile and an easing of fears that China, the biggest consumer, will tighten monetary policy. ....

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Column-The human bottleneck in critical minerals supply chains: Andy Home

LONDON (Reuters) - The road to decarbonisation will be paved with copper.
Mine workers talk 6780 ft (2066 m) underground in the Resolution Copper exploratory mine shaft 10 in Superior, Arizona, U.S., March 30, 2021. Picture taken March 30, 2021. REUTERS/Caitlin O Hara
As well as lithium, nickel, cobalt and a host of other minerals, all critical for electric vehicles (EVs), solar panels and wind farms.
Securing enough of these metals has become an overriding concern for many Western countries now looking to invest in green technology industries as a driver of broader pandemic recovery.
The European Union currently imports all of the refined lithium, platinum and silicon it needs to produce EVs, clean hydrogen and solar panels respectively. It also gets 98% of its rare earths from one supplier - China. ....

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Nickel 28 Capital Corp.: Nickel 28 Announces Proposed Normal Course Issuer Bid

Nickel 28 Capital Corp.: Nickel 28 Announces Proposed Normal Course Issuer Bid
NKL) (FSE:
3JC) is pleased to announce a proposed normal course issuer bid to repurchase its common shares. In the opinion of management and the board of directors of the Company, the common shares have recently traded in a price range that represents a substantial discount to the Company s net asset value and does not reflect the underlying value of the Company.
Using Nickel 28 s excess liquidity to buy back common shares at their current trading price would be highly accretive to our net asset value per share and represents the highest rate of return on an investment that the Company could make, stated Anthony Milewski, the Company s Chairman. He continued, Accordingly, the purchase for cancellation of shares by Nickel 28 during these times will benefit the remaining shareholders by increasing their proportionate ownership in the Company. ....

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METALS-Copper boosted by potential labour strikes at Chile mines

Copper prices gained on Wednesday as a planned labour strike at the world's biggest copper mine in Chile threatened already low global supplies of the metal. ....

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