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Mining and Metallurgical Co Norilsk Nickel ADR NILSY

Metals & Mining Industrial Metals & Minerals
PJSC Mining & Metallurgical Co Norilsk Nickel is a metal and mining company engaged in activities such as exploration, extraction, refining of ore and nonmetallic minerals, and sale of base and precious minerals. The company is organized into seven operating business segments: GMK Group, South Cluster, KGMK Group, NN Harjavalta, GRK Bystrinskoye, other mining, and other nonmetallurgical. The majority of the company's revenue is derived from the GMK Group segment which includes mining, processing and other metallurgy operations, and sale of precious metals. More than half the company's consolidated revenue is earned from the sale of metals to customers in Europe.


EXPM:NILSY - Post by User

Mining and Metallurgical Co Norilsk Nickel ADR
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Post by AwareInvestoron Mar 09, 2022 10:03am
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Post# 34499061

Nickel Volatility Explained: London Metal Short Squeeze on a

Nickel Volatility Explained: London Metal Short Squeeze on a
The London Metals Exchange has closed trading in nickel contracts until future notice, and will be cancelling trades from March 8th, 2022, following an unprecedented short squeeze that took the price of nickel from $25,400/tonne to $29,750/tonne in three trading days, then to $42,995/tonne on Monday, before intraday trading on Tuesday took the price beyond $100,000/tonne on trades that will now be cancelled.
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