Tag: #Global Ferronickel Holdings
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FNI starts nickel shipments for 2022
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.
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FNI's profits boosted by higher prices
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.
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FNI income up 19.4% to P1.86 B in first 9 months of 2021
Global Ferronickel Holdings, Inc. (FNI), the country’s second-largest nickel ore producer, saw its income going up by 19.4 percent to P1.86 billion during the first nine months of the year, compared with P1.56 billion during the same period last year.
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Higher shipments push FNI income to P640.8-M in H1
Thanks to higher shipments, Global Ferronickel Holdings, Inc. (FNI), the country’s second-largest nickel ore producer, saw its income surging to P640.8 million during the first half of the year, compared to the P195.8 million it had in the same period last year.
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NGO backs suspended Brooke’s Point Mayor
Alyansa Tigil Mina (ATM) has expressed its support to Brooke’s Point Mayor Jean Feliciano, who was temporarily suspended by the Ombudsman as a result of a lawsuit filed by Global Ferronickel Holdings, Inc.’s (FNI) Ipilan Nickel Corporation (INC).
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FNI subsidiary scores legal win against Brooke’s Point LGU
The subsidiary of Global Ferronickel Holdings, Inc. (FNI), the third-largest nickel ore producer in the Philippines, has scored a win against Mayor Jean Feliciano of Brooke’s Point, Palawan after years of legal battle.
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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.