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Nickel prices skyrocket 110% to top $100,000 a ton, prompting a trading halt after Russian sanctions trigger a big short squeeze

Nickel prices skyrocket 110% to top $100,000 a ton, prompting a trading halt after Russian sanctions trigger a big short squeeze

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Record price gains in nickel, used in stainless steel and EV batteries, are forcing short-sellers to cover their positions, and led the LME to suspend trading.

...read full article on Business Insider

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