The three-month nickel price on the London Metal Exchange rallied at the close of trading on Thursday July 23, with the price settling more than 4% higher after US carmaker Tesla called for a ramp-up in global nickel mining.
Meanwhile, a continued tightening of LME copper's forward curve failed to hamper the metal's positive close.LME nickel's price rise came after Tesla's chief executive officer, Elon Musk, publicly called for a ramp-up of global nickel mining in the afternoon, prompting...