nickel
Could Jakarta’s moving goalposts corrode investor faith in nickel?
The Indonesian government’s big push for downstreaming is delivering results, but it comes with trade-offs
Major Indonesia nickel plant cuts output as waste piles up
HPAL producers have also been contending with the higher cost of sulphur, a chemical used to produce acid
Envy’s ex-directors seek bankruptcy after being found liable for breach of duties in nickel trading fraud
Judicial Commissioner Mohamed Faizal finds that Lee Si Ye and Ju Xiao breached their duties as directors of Envy group of companies
Danantara and China’s GEM to develop nickel processing hub in Indonesia
The project will mark Danantara’s first foray into crucial nickel sector as the government seeks to capitalise on the country’s vast resources of a metal used in electric vehicle (EV) batteries
9 ex-directors, employees ordered to repay almost S$900 million to Envy companies in fraudulent nickel trading suits
Two of them are jointly and severally liable for the total sum of S$593 million, US$192.2 million and 880,000 euros
Ng Yu Zhi’s bankruptcy estate to admit investor’s S$12 million debt claim: High Court
Judge finds trustees did not substantially dispute her claim, and they have overstated the degree of complexity involved
Ossia CEO sold rare Pagani supercar to Ng Yu Zhi for S$7.3 million and invested over S$20 million in billion-dollar nickel scheme
The sports car is among the assets listed in two money laundering charges
Nickel scam accused’s buying spree extends to S$8 million on semi-detached house, S$2 million on art pieces: witnesses
The prosecution contends that the funds he used were from the criminal benefits that were obtained from fraudulent nickel trading
Nickel scam accused Ng Yu Zhi splurged on 20-carat diamond ring, and had ‘five families’: witness
An ex-employee of Ng’s, testifying for the prosecution, tells of the women in his life, of prepping tables of figures and sealed bags of ‘nickel’
Court hears of more luxury-car purchases by alleged nickel fraudster
Ng Yu Zhi is standing trial for 42 charges of fraudulent trading, cheating, forgery, criminal breach of trust, and money laundering
