AngMinero
  • Home
  • News
  • Features
  • Business
No Result
View All Result
AngMinero
  • Home
  • News
  • Features
  • Business
No Result
View All Result
AngMinero
No Result
View All Result
Home News

FNI begins 2023 with nickel shipment to China

AngMinero News by AngMinero News
April 28, 2023
in News
26 2
0
FNI registers Php 1.9B net income for 2021
84
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter

Platinum Group Metals Corporation (PGMC), a subsidiary of Global Ferronickel Holdings Incorporated (FNI), is targeting 91 shipments of nickel ore to China this year.

In a statement, FNI said that the unit has successfully delivered its first shipment of nickel ore to China this year. The shipment consisted of 55,300 wet metric tons (WMT) of low-grade nickel ore with a nickel content of 1.2%

China continues to be the world’s largest consumer of nickel, and with the subsiding restrictions due to the COVID-19 pandemic, resilient property sector, and the continued growth of electric vehicle production, these factors are expected to further increase the demand.

For this reason, FNI expressed their enthusiasm about the chances offered by the market and guaranteed that it could fulfill the customer’s needs.

“We hope to complete 91 shipments for the year, totaling five million WMT, weather permitting. This year’s target volume will enable us to operate at maximum efficiency throughout the season which runs from March to October,” FNI president Dante Bravo said.

The anticipated sales mix will comprise 60% medium-grade nickel ore and 40% low-grade nickel ore.

PGMC is currently the operator of the Cagdianao Mine located in Surigao del Norte, which ships out low-grade and medium-grade nickel ores for an average of five million WMT shipment capacity a year for the last decade.

Tags: FNIGlobal Ferronickel IncorporatedPGMCPlatinum Group Metals CorporationWET METRIC TONSWMT

Related Posts

DENR sets public scoping for proposed Mapawa Gold Project in Surigao del Norte
News

DENR sets public scoping for proposed Mapawa Gold Project in Surigao del Norte

October 28, 2025
De Lima urges House probe into alleged illegal mining in Nueva Vizcaya
News

De Lima urges House probe into alleged illegal mining in Nueva Vizcaya

October 28, 2025
Investors show interest in Philex’s Silangan mine ahead of 2026 launch
News

Investors show interest in Philex’s Silangan mine ahead of 2026 launch

October 27, 2025
President Marcos urges sustainable, law-abiding mining investments in PH
News

President Marcos urges sustainable, law-abiding mining investments in PH

October 27, 2025
Chamber of Mines says reforms can revive PH mining exports
News

Chamber of Mines says reforms can revive PH mining exports

October 27, 2025
FNI legal team earns top honors at 2025 ALB Philippine Law Awards
News

FNI legal team earns top honors at 2025 ALB Philippine Law Awards

October 16, 2025

FEATURED POST

DENR sets public scoping for proposed Mapawa Gold Project in Surigao del Norte

DENR sets public scoping for proposed Mapawa Gold Project in Surigao del Norte

October 28, 2025
De Lima urges House probe into alleged illegal mining in Nueva Vizcaya

De Lima urges House probe into alleged illegal mining in Nueva Vizcaya

October 28, 2025
Investors show interest in Philex’s Silangan mine ahead of 2026 launch

Investors show interest in Philex’s Silangan mine ahead of 2026 launch

October 27, 2025
President Marcos urges sustainable, law-abiding mining investments in PH

President Marcos urges sustainable, law-abiding mining investments in PH

October 27, 2025

EDITOR PICK'S

DENR sets public scoping for proposed Mapawa Gold Project in Surigao del Norte

October 28, 2025

De Lima urges House probe into alleged illegal mining in Nueva Vizcaya

October 28, 2025

Investors show interest in Philex’s Silangan mine ahead of 2026 launch

October 27, 2025

President Marcos urges sustainable, law-abiding mining investments in PH

October 27, 2025

Chamber of Mines says reforms can revive PH mining exports

October 27, 2025

SMPC declares PHP1.25 special cash dividend, total 2025 payout at PHP13.8B

October 20, 2025

FNI legal team earns top honors at 2025 ALB Philippine Law Awards

October 16, 2025

Recent News

DENR sets public scoping for proposed Mapawa Gold Project in Surigao del Norte

DENR sets public scoping for proposed Mapawa Gold Project in Surigao del Norte

October 28, 2025
De Lima urges House probe into alleged illegal mining in Nueva Vizcaya

De Lima urges House probe into alleged illegal mining in Nueva Vizcaya

October 28, 2025

Category

  • Business
  • Features
  • News
  • Uncategorized

Follow us

  • Setup menu at Appearance » Menus and assign menu to Footer Navigation

© 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.

No Result
View All Result

© 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.

Login to your account below

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In