Global Ferronickel Holdings, Inc., one of the country’s leading nickel ore producer, reported a 93 percent fall in attributable net income to P10.6 million in the first quarter of 2024 from P153.8 million in the same period last year due to lower metal prices. In a disclosure to the Philippine...
Global Ferronickel Holdings Inc. (FNI), a leading nickel ore producer in the Philippines, reported a 19.6 percent drop in attributable net income to P1.5 billion in 2023, while consolidated net income decreased 15.9 percent to P1.8 billion last year. In a disclosure to the Philippine Stock Exchange...
Global Ferronickel Holdings Inc. reported that its subsidiaries, Platinum Group Metals Corporation (PGMC) and Ipilan Nickel Corporation (Ipilan), have secured an annual sale and purchase agreement with Baosteel Resources International Co. Ltd. (Baosteel) of China. In a disclosure to the Philippine...
Global Ferronickel Holdings Inc., one of the country's top nickel exporters, reported a 14.4 percent decline in attributable consolidated net income to P1.8 billion in the first nine months of 2023 due to higher costs related to the opening of a new mine. In a disclosure to the Philippine Stock...
Global Ferronickel Holdings, Inc., one of the country’s top nickel exporters, reported a 48 percent jump in consolidated net income to P625.3 million in the first half of 2023 from P417.4 million in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said...
Ipilan Nickel Corporation (INC), a subsidiary of diversified conglomerate Global Ferronickel Holdings, Inc. (FNI), is authorized to continue mining operations at its site in Brooke’s Point, Palawan under its agreement with the government. In a disclosure to the Philippine Stock Exchange, FNI said...
Global Ferronickel Holdings Inc. (FNI) is investing P192 million more to acquire an additional 24 percent shareholding in Mariveles Harbor Corporation (MHC) by March 10, 2023. In a disclosure to the Philippine Stock Exchange, FNI said that, after acquiring the additional stake from Seasia Logistics...
Platinum Group Metals Corporation (PGMC), the Surigao-based operating arm of Global Ferronickel Holdings Inc., has been given the prestigious Presidential Mineral Industry Environmental Award (PMIEA) for the Surface Mining Operation Category for the second time. In a statement, FNI said the award...
Global Ferronickel Holdings, Inc. (FNI), a diversified nickel producer with interests in cement and steel production, recorded a 14.5 percent growth in net income to P2.13 billion in the first nine months of 2022 from the P1.86 billion posted during the same period last year. In a disclosure to the...
Nickel miner Global Ferronickel Holdings, Inc. (FNI) registered a 34 percent drop in consolidated net income to P417.4 million for the first half of 2022 from the P640.8 million earned in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said the results are...
Global Ferronickel Holdings, Inc. (FNI) reported that its wholly-owned operating subsidiary Platinum Group Metals Corporation (PGMC) has started its shipment to customers in China. In a disclosure to the Philippine Stock Exchange, the mining firm said it has shipped 53,700 wet metric tons (WMT) of...
Global Ferronickel Holdings, Inc. (FNI), the country’s second-largest nickel ore producer, posted a 5.9 percent improvement in net income to P1.98 billion for 2021 from the P1.87 billion earned in 2020. In a disclosure to the Philippine Stock Exchange, the firm said its revenues are up by 6.1...