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Alfred Cang

  • A nickel mining site operated by Harita Nickel on Obi Island, North Maluku, Indonesia, on Wednesday, March 8, 2023. One of a new breed of nickel producers, backed by Chinese know-how and cash, Harita is using the latest generation of a method known as high-pressure acid leaching, or HPAL, to turn Indonesia’s low-grade ore into metal fit to power a Tesla car. Photographer: Dimas Ardian/Bloomberg via Getty ImagesEnvironment

    The world’s most profitable nickel plants face cost challenge

    By Alfred Cang, Annie Lee, and others
  • He Jinbi, chairman and chief executive officer of Maike Investment Holding Group Co., speaks during the London Metal Exchange (LME) Week Asia 2013 Seminar in Hong Kong, China, on Tuesday, June 25, 2013. He said China has 400,000 tons of copper in bonded warehouses. Photographer: Jerome Favre/Bloomberg via Getty ImagesFinance

    China’s copper tycoon built Maike Metals into a giant before a liquidity crisis brought it to its knees—now he’s missing and presumed taken by police

    By Alfred Cang and Bloomberg
  • SingaporeSuccess

    Singapore is throwing the book at a CFO behind a spectacular blowup: 20 years in jail

    By Jasmine Ng, Alfred Cang, and others
  • copper

    The empire of China’s copper tycoon is wobbling

    By Alfred Cang, Jack Farchy, and others
  • An advertisement for Tsingshan Holding Group Co. in Shanghai, China, on Thursday, March 10, 2022. The Chinese nickel company at the center of a historic short squeeze has secured a package of loans from local and international banks to help it meet a wave of margin calls, according to people familiar with the matter. Photographer: Qilai Shen/Bloomberg via Getty ImagesFinance

    How the ‘Big Shot’ billionaire tycoon who broke the nickel market managed to claw his short squeeze back from a $10 billion loss

    By Alfred Cang, Jack Farchy, and others
  • Paul Singer, founder and president of Elliott Management Corp., speaks during the Bloomberg Invest Summit in New York, U.S., on Wednesday, June 7, 2017. This invitation-only event brings together the most influential and innovative figures in investing for an in-depth exploration of the challenges and opportunities posed by the constantly changing financial, economic and regulatory landscape. Photographer: Misha Friedman/Bloomberg via Getty ImagesFinance

    Nickel market meltdown sparks $456 million lawsuit against the London Metal Exchange

    By Alfred Cang and Bloomberg
  • Farmer Dave Burrier plants corn in the Marvin Chapel field in Mount Airy, Maryland on May 19, 2020. – Dave Burrier steered his tractor through a field, following a GPS map as he tried to plant as much corn as possible amid the yellow and green rye covering the ground. Striving to get a massive yield out of his crops in rural Maryland is how Burrier hopes to make it through yet another uncertain year, beset by market disruptions caused by the COVID-19 pandemic and renewed trade tensions between the United States and China. (Photo by ANDREW CABALLERO-REYNOLDS / AFP) (Photo by ANDREW CABALLERO-REYNOLDS/AFP via Getty Images)International

    China is already scooping up U.S. corn from the next harvest

    By Isis Almeida, Michael Hirtzer, and others
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