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Fraud Findings Force Trafigura To Fire Head Of Nickel And Cobalt Trading

  Fraud Findings Force Trafigura To Fire Head Of Nickel And Cobalt Trading By ZeroHedge - Feb 10, 2023, 11:00 AM CST Trafigura has been forced to fire its head of nickel and cobalt trading. The giant commodity trader found that metal cargoes it brought in were missing nickel. Trafigura has recorded a $577 million impairment as a result of the fraud. The global nickel trading market is once again in the spotlight. Having been at the epicenter of a massive short-squeeze that almost shuttered the London Metal Exchange (and remains mired in litigation), Bloomberg reports that the nickel market has been rocked  once again as one of the world's largest commodity traders, Trafigura Group, is facing more than half a billion dollars in losses after discovering metal cargoes it bought didn’t contain the metal they were supposed to.
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Below is the current entry list for the IceBreaker.

  Below is the current entry list for the IceBreaker. Car No. DriverHometownOwner1Andrew GradyYoungsville, NCMike Darne Racing2Brandon PierceKernersville, NCLee Pulliam Performance02Justin MillikenShallotte, NCJM Racing03Brenden “Butterbean” QueenChesapeake, VALee Pulliam Performance3Dale Earnhardt Jr.Mooresville, NCJR Motorsports4Kyle PlottSimpsonville, SCMeridith Motorsports4Jaiden ReynaConcord, NCRev Racing5Casey KelleyHartsville, SCKelley Racing5Dexter Canipe Jr.Claremont, NC3D  Motorsports5Bryant BarnhillConway, SCBryant Barnhill Racing7Tristan McKeeWilliamsburg, VAInternational Trading8Carson KvapilMooresville, NCJR Motorsprts09Riley GentryEasley, SCRiley Gentry Racing10Kaden HoneycuttAledo, TXMike Darne Racing15Ryan MillingtonStatesville , NCLeisure Tyme Racing16Adam McCumbeeOrrum, NCAdam McCumbee Racing18David RobertsGray Court, SCRoberts Racing18Anthony AdamsSimpsonville, SCAdams Racing20Josh DickensMiami, FLMitchell Mote Performance21Lanie BuiceJackson, GAAK Per...
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