A state-owned Chinese commodities trader is investigating the disappearance of a copper shipment from Russia valued at nearly $20 million. The shipment has gone missing, raising concerns about potential metals trading fraud. Staff from the Chinese company have traveled to Russia to investigate but have been unable to locate the smelter. The incident, involving a monetary value of about $15 million, has reignited fears over the integrity of metals trading.
The Chinese state-owned firm whose shipment of copper from Russia went missing said it’s investigating the matter which involves a monetary value of about $15 million https://t.co/IAOomYWkO3
"Staff from the Chinese company have visited Russia to investigate what happened, although they’ve been unable to determine where the smelter is even located, the people said." bro sent $20M to a presale address that rugged and deleted X account https://t.co/GP7WrbNmHJ
"Staff from the Chinese company have visited Russia to investigate what happened, although they’ve been unable to determine where the smelter is even located, the people said." bro sent $20M to a presale address that rugged then deleted their X account https://t.co/8GlZiEGHpe
Китайская компания не получила медь, заказанную в России. Сотрудники, приехавшие для расследования, не смогли найти завод https://t.co/t8KQtyQ7Hb
Chinese commodity trader's US$20m shipment of Russian copper gone missing: fraud questions https://t.co/xtMMrszYyA
A giant state-owned Chinese commodities trader is nursing losses after a shipment of copper from Russia worth nearly $20 million went missing, reigniting fears over metals trading fraud https://t.co/gLeMkFuOC8