Although the consortiums jointly absorbed the sell order for the final 20,000 tons, the market's mood had already changed.
The manic fervor was gone.
Speculative confidence began to crack, and a growing number of investors shifted into a cautious, wait-and-see stance.
On the futures charts, this change was immediately reflected—
Nickel prices slid below the psychological barrier of $160,000 per ton.
Inside the Qingshan headquarters conference room, Huang Yuanmei observed the shifting curve in silence. The moment the downward trend stabilized, she issued a single, decisive order.
"Release everything."
Her gaze was steady.
"Two hundred thousand tons. All of it."
Shockwave
At the London Metal Exchange, the trading curve froze.
Not figuratively.
Literally.
For several seconds, the massive screens displaying commodity flows stopped updating, as if the system itself had hesitated.
In the cavernous trading hall, no one spoke.
The earlier noise—shouts, phone calls, rapid keyboard clatter—vanished.
Silence.
A dead, suffocating silence.
Then—
"…Two hundred thousand tons?"
"They… they delivered two hundred thousand tons?"
"My God."
"Is this real?"
Numbness spread.
For veterans of the commodities market, this scene defied instinct.
Because futures were not stocks.
They were physical.
Every contract represented real, measurable goods—ore that had to exist, be transported, inspected, and delivered under the supervision of the exchange.
You could bluff with leverage.
You could speculate with margins.
But you could not conjure hundreds of thousands of tons of refined metal out of thin air.
And yet—
Over three days, Qingshan Company had dumped 350,000 tons of electrolytic nickel into the market.
At prices peaking above $160,000 per ton.
For comparison—
Only days earlier, nickel traded at $20,000 per ton.
When reality finally caught up, panic exploded.
Across the globe, heads of banks, hedge funds, and trading houses slammed phones onto desks.
"Cancel positions—now!"
"Close everything!"
"Dump, dump, dump!"
But it was already too late.
The sheer mass of Qingshan's sell orders tore straight through the hidden layers of the market, vaporizing stop-losses and forced margins alike. Positions were locked in place—mirroring Qingshan's earlier predicament, except this time, the hunters had become the prey.
When the closing bell rang at the London Exchange, the day's volume told the story.
350,000 tons.
A single company.
A single direction.
A blow that pierced straight through the heart of global capital.
Aftermath
In just three days, Qingshan Company had sold 350,000 tons of electrolytic nickel.
Cash inflow exceeded $28 billion USD.
In addition, they secured over $10 billion USD in deliverable forward contracts.
At the baseline price of $20,000 per ton, net profit surpassed $33 billion USD.
Converted to RMB—
Over 230 billion.
Three days.
A profit equivalent to an entire year's net earnings of the world's three major oil giants combined.
Twice the annual profit of the top internet conglomerates.
Inside Qingshan Group, chaos turned into celebration.
Employees cried openly.
"We won!"
"We really won!"
"I'm proud to work here!"
In the boardroom, shareholders embraced one another, tears streaking down their faces.
Tomorrow was technically still the delivery date for the original 200,000-ton short contracts—
But no one felt fear anymore.
The massive sell-off had crushed nickel prices to just a few thousand dollars per ton before a mild rebound stabilized them slightly above $10,000.
In this environment, sourcing nickel for delivery was trivial.
In fact, when prices bottomed out, Huang Yuanmei had already ordered quiet buybacks.
By market close, nearly 100,000 tons had been reacquired—one of the reasons prices rebounded at all.
Ripples
In the capital, regulators overseeing this sector finally exhaled.
The storm had passed.
But another question surfaced.
Tiangong Group.
The previously obscure entity that had supplied the decisive "ammunition" now entered the highest levels of scrutiny.
The deeper investigators dug, the more unsettling it became.
A group established barely over a year ago.
Mining—only one fragment of its business.
Yet capable of shaking the global precious metals market.
This was not normal.
A quiet task force descended on G Province, working without announcements, without fanfare, methodically compiling every scrap of information on Tiangong Group.
Public Frenzy
Financial channels looped the event nonstop.
"Breaking update: London nickel experienced a historic intraday collapse, closing at $12,700 per ton—largest drop in recorded history."
"Qingshan Group successfully delivered over 240,000 tons of electrolytic nickel, exiting the crisis with tens of billions in profit."
Self-media went berserk.
Headlines flooded feeds:
Pretending to Be Weak While Slaughtering the Strong—Qingshan's Final 30-Minute Dump Shocks the World!Bankruptcy Rumors Debunked! Qingshan Issues Official Clarification!For National Nickel Security—Chairman Jiang's 20-Year Silent布局!A Private Enterprise's Total Victory Over Foreign Capital!
Then, inevitably—
Tiangong Group surfaced.
The Real Giant Behind Qingshan—Tiangong Group Exposed!
What You Didn't Know: Qingshan Is Only One Piece of the Puzzle.
Official media soon joined.
G Province Daily, front-page headline:
Who Says Our Province Only Produces Baijiu? Introducing Another Trillion-Level Mining Giant.
The article framed Tiangong Group as the natural outcome of improved business conditions, infrastructure, and policy support.
Online comments exploded.
Some astonished.
Some proud.
Some barking nonsense.
And among them—
Official Tiangong Group accounts replied calmly.
"Mining is only one segment of our business. Please don't be surprised by what comes next."
Top Floor — Tiangong Group
At headquarters, Bai Yue sat quietly at the head of the room.
Reports concluded.
Silence followed.
Finally, he spoke.
"This time, General Huang did exceptionally well."
Then, without hesitation, he continued.
"From the remaining profits—$900 million USD will be allocated as rewards."
"Huang Yuanmei."
"You'll receive $200 million USD personally."
The room froze.
Huang Yuanmei's voice caught.
"B–Boss… that's too much."
Bai Yue waved it off lightly.
"Take it. After tax, it's just over a hundred million."
A pause.
"…Still a lot," she muttered.
But her heart was pounding like thunder.
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