Nickel on Fire: How New Caledonia’s Turmoil Shakes Global Markets

New Caledonia’s recent upheaval, triggered by controversial voting law changes and a debated nickel pact, has sent shockwaves through the global nickel market. As the world’s third-largest nickel producer, disruptions in its output have led to a dramatic 5% surge in nickel prices on the London Metal Exchange. New Caledonia, holding 30% of global nickel […]