Nickel and Copper prices too high to resist

Apparently thieves are starting to target nickel and cooper because “nickel has jumped from 5,000 dollars per tonne in 2000 to highs of 19,000 dollars, while copper surged by 50 percent last year, driven partly by high demand from China.”

Thieves aren’t just ripping copper pipes out of vacation homes anymore. Gangs in France are taking hostages and carjacking trucks full of nickel. It sounds extreme, but one group of thieves filled up two trucks with copper scrap and got away with about 200,000 Euros worth of copper.

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