Nickel: Russia’s largest miner sells to China in yuan

2 March 2023 | Commodities, Highlights, Market Forecasts - Industrial Metals

Russia's largest miner, MMC Norilsk Nickel, is selling some nickel in yuan at prices set in Shanghai, a sign of how the invasion of Ukraine is reshaping global commodity flows and empowering China. Nornickel, as the company is known, has sold some spot volumes to China this year using a mixture of London Metal Exchange […]

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