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17 Jan
06:22

Global Ferronickel targets steady 2019

Philippine nickel miner Global Ferronickel Holdings says it expects steady shipments in 2019 but no growth, as the downturn in the Chinese economy hits demand. Philippine nickel output meanwhile is expected to decline on competition with Indonesia, Kallanish notes. The miner saw shipments beat its target by 3.8%, shipping 5.709 million wet metric tons. In 2019 it also expects to ship 5.7mt of ore. It aims to boost the share of medium and high-grade ores in its s…
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