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FNI targets to ship 6-million WMT of nickel ore this year


Published April 10, 2021, 5:00 AM
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.
This is higher than the 5.62 million WMT of nickel ores the company shipped in 2020, said FNI President Dante R. Bravo.
Bravo also said the opening of the company’s Cagdianao Area Deposit (CAGA) 1 next month is expected to boost the capacity of its operating arm in Surigao del Norte, Platinum Group Metals Corporation (PGMC), by 10 percent.
Just recently, PGMC already commenced shipment of nickel ore to its customers in China. ....

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