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528 MT ยท Daily LME Report

LME Nickel Stocks up 528 MT to 276,402 MT

Have a super day

Indications

The information listed below is provided free of charge. Although this information is believed to be accurate and reliable, it is aggregated from several sources and thus cannot be guaranteed.

Nickel 3 month $8.18

offical  $8.08

Euro 1.16

Yen 160.25

gold $4333.82

silver $69.94

Copper LME $6.228

Copper Comex $6.495

Cobalt $ 27.75-30.25

Zinc $ 1.628

Tin $ 24.88

Crude $ 76.51 down .24%

Dow Jones up .64%

FTSE 100 down .13%

Dax down .10%

Hang Seng down .74%

Nikkei up .72%

U.S. Dollar index 99.60 up .06%

Quote of the Day

Leadership is the capacity to translate vision into reality.
โ€” Warren Bennis

Word of the Day

A gamut is a range or series of related things. When we say that something “runs the gamut,” we are saying that it encompasses an entire range of related things.
 
// The flea market offerings run the gamut with a wide array of vendors each offering something unique.
 

 

Trivia

What U.S. state is home to Acadia National Park

Answer: at bottom of page under good read.

News of Interest

 

๐Ÿš” FBI raids Soros-backed voter group. Federal agents descended on the Ohio Organizing Collaborative as part of a reported Trump administration fraud investigation, seizing devices and questioning members across the state. The group received nearly $3 million from Soros philanthropies and took in over $10 million in revenue in 2024 from top Democratic-aligned donors.

๐Ÿ”จ Newsom says Trump's DOJ is coming after him. California Gov. Gavin Newsom (D) claims the Trump administration "directed" the Justice Department to investigate him and his wife because he's "considering running for president." Federal probes tied to his wife's taxes and his former chief of staff have reportedly been active for about a year.

๐Ÿ“ฑ Florida takes TikTok to court over kids' accounts. The Sunshine State sued TikTok for allegedly allowing children under 14 on the platform in violation of Florida law. Officials say the company ignored age restrictions that took effect last year, while TikTok argues it has already begun removing underage users.

๐Ÿ“ก Thune breaks with Trump on surveillance fight. Senate Majority Leader John Thune (R-SD) rejected President Trump's demand to tie the SAVE America Act to the renewal of FISA surveillance powers. The FISA provision expired last week after the House voted down an extension, and Thune suggested a vote would likely follow Jay Clayton's confirmation as DNI.

 

๐Ÿšจ FBI foils mass murder plot at White House UFC event. The FBI disrupted a scheme to deploy explosive-laden drones near the UFC Freedom 250 event on the White House lawn, then funnel panicked crowds toward snipers. Five suspects are in custody, including 23 individuals linked to encrypted Signal chat groups, with one suspect allegedly identifying "capitalist elites" as a target.

๐Ÿ’ฐ SPLC boss accused of funneling cash to informant lover. A DOJ indictment alleges a top Southern Poverty Law Center official steered $1.2 million in donor funds to an informant embedded in the neo-Nazi group National Alliance, who prosecutors say was also her romantic partner.

๐Ÿ’ฅ DOJ charges 15 anti-ICE rioters in Minneapolis. Federal prosecutors charged 15 Antifa-linked activists for allegedly attacking ICE agents and obstructing federal law enforcement during Minneapolis unrest. Charges include conspiracy to injure federal officers and destruction of government property.

Markets: Stocks ticked down yesterday amid growing doubts about the US’ tentative deal with Iran. Meanwhile, Intel fell more than 8% as investors rotated out of tech (except SpaceX

Nickel & Related Metal News

The Trump administration’s push to boost critical minerals production by regulating prices is facing skeptical G7 allies and a divided mining industry, with negotiations for a Western trading bloc stumbling over concerns about the plan’s cost and governance, according to diplomatic sources and a Reuters analysis of corporate policy recommendations.

First proposed by US Vice President JD Vance in February, the trading bloc aims to help the West wean itself off China, which became the world’s largest minerals producer by operating at a loss and dampening prices for the building blocks of semiconductors, computer servers, military equipment and myriad other products.

Artificially low prices for cobalt, lithium, nickel and other minerals have made it harder for Western mining rivals to compete, inhibiting new development and driving some companies out of business — a tactic Beijing has used repeatedly in other industries.

Good Read

Answer to today's trivia question: Maine