Tag: #Global Ferronickel Holdings
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FNI profits jump 43% due to higher nickel prices
Global Ferronickel Holdings, Inc. (FNI), the second- largest nickel producer in the country, reported a 43 percent jump in net income to P1.86 billion last year from the P1.30 billion earned in 2019.
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FNI targets to ship 6-million WMT of nickel ore this year
Global Ferronickel Holdings, Inc. (FNI), the second-largest nickel producer in the country, is targeting to ship 6 million wet metric tons (WMT) of nickel ores this year on the back of expanded operations.
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PH’s nickel value rises despite decline in output
The Philippines’ nickel output declined in 2020 amid the COVID-19 pandemic, but thanks to higher global prices, its full-year export value went up to P25 billion.
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FNI commits to ship 1.3 million wet metric tons of nickel to Chinese firm
Global Ferronickel Holdings, Inc. (FNI), through its operating arm in Surigao del Norte Platinum Group Metals Corporation (PGMC), committed to ship as much as 1.3 million wet metric tons (WMT) of nickel ore to Baosteel Resources International Co. Ltd next year.