Hints and tips:
...Robert Bigelow, a Nevada real estate investor who has funded space exploration and research into paranormal activities, gave more than $20mn to the DeSantis campaign earlier this year, the largest donation...
...The invoices the FT has seen all refer to sales of nickel supposedly carried out already, including precise details of when and where the metal was delivered....
...In the meantime, email me: robert.armstrong@ft.com....
...The visible part can be bigger than a dime, but probably smaller than a nickel (that said, I have seen several excellent pairs made from buffalo nickels). Material?...
...The company is reported to be in talks with billionaire Robert Friedland about buying into a large copper project in the Democratic Republic of Congo....
...The trading house has accused the Dubai-based businessman of perpetrating a “systematic fraud” against it involving fake nickel cargoes, forcing it to take a $577mn writedown....
...Robert dives deep into the weeds in this Alphaville post to explain why. We recommend reading it in full....
...Mauritian regulators are examining a small bank whose majority owner has links to the alleged perpetrator of the $577mn nickel scam revealed this month by commodities trader Trafigura....
..., rather than high-grade nickel metal....
..., where China has invested to extract nickel....
...“[It] marks our first major investment into the global mining sector,” said Robert Wilt, executive director of Manara Minerals, the Saudi joint venture set up in January....
...None of these contracts create value for us,” says Guy Robert Lukama, head of the DRC’s state-owned mining company Gécamines....
...If readers know anything more about either Gupta’s trading operations, do get in touch with us at robert.smith@ft.com and cynthia.omurchu@ft.com...
...Some contained carbon steel, some other types of steel and iron products — but none so far has contained nickel or nickel alloy....
...Additional reporting for Robert Smith and Joshua Franklin...
...“People think that I’m very tough,” says interior designer Robert Stilin from his New York office....
...Gécamines chair Guy Robert Lukama told the Financial Times that Indonesia’s sudden emergence as a rival cobalt supplier was threatening the world’s biggest producer’s market position and economic development...
...Lithium and nickel are both down from their historic highs of last year, reflecting the softening demand for EVs....
...Letter in response to this article: Government strategy must progress beyond tired phrases / From Robert H Wade, Professor of Global Political Economy, London School of Economics, London WC2A, UK...
...Robert Lee, head of the company’s North American operations, told the Financial Times this year that the higher energy density of LGES’s nickel-rich batteries and its relationships with global carmakers...
...The nickel market malfunctioned in March 2022....
...News round-up Metals tycoon Gupta says Trafigura ‘devised’ $590mn nickel fraud scheme (FT) Hipgnosis investors urge sale of music catalogues to shore up stock (FT) Elon Musk launches xAI in challenge...
...Also on Wednesday, Ma’aden said that it would buy a 9.9 per cent stake in Ivanhoe Electric, a US mineral exploration group backed by mining tycoon Robert Friedland, for $126mn, giving it access to geological...
...The North American market for EV batteries is set to be the world’s fastest growing this year, said Robert Lee, LG Energy Solution’s regional head....
...Copper has been the best-performing industrial metal this year, gaining 6 per cent while others such as zinc and nickel have fallen on broader financial market weakness....
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