Business & Markets

London Metals Exchange Hit by Another Nickel Scam

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London Metals Exchange Hit by Another Nickel Scam
A sign for the London Metal Exchange (LME) on a wall by the new Ring, the open trading floor of the LME following its relocation in central London, on Feb. 18, 2016. Leon Neal/AFP via Getty Images
Shawn Lin
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News Analysis

The London Metal Exchange (LME) on March 17 revealed that the bags of nickel stored in its licensed warehouse contained stones. The LME is supposedly the most trusted and secure minerals trading platform; however, it has had its share of trouble with nickel.

Shawn Lin
Shawn Lin
Author
Shawn Lin is a Chinese expatriate living in New Zealand. He has contributed to The Epoch Times since 2009, with a focus on China-related topics.
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