Tag: #Nickel
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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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Higher ore prices push Nickel Asia’s 2020 income
Thanks to higher ore export prices, listed mining firm Nickel Asia Corporation has booked a surge in its income last year despite the COVID-19 lockdown restrictions.
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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.
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Nickel industry seen maintaining output
Despite the pandemic, the Philippines, the world’s top nickel producer and one of the most highly mineralized countries globally, may still end up with the same output of 40 million to 45 million wet metric tons (WMT) of nickel ore this year.