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22 Aug
04:03

Global Ferronickel's first-half revenue increases

Philippine miner Global Ferronickel Holdings (FNI) has released its semi-annual report, showing its net income rising year-on-year, Kallanish notes. During the first half-year, the company earned net income of PHP 105.3 million ($2.02m), rising by 24.1% year-on-year. FNI delivered 33 ships of nickel ore, equal to 1.8 million tonnes, up by 16.9% y-o-y. FNI saw nickel ore prices increase. In H1 it lifted the price of low- and mediu…
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