07
Jun
11:04
Marcventures eyes 2mt nickel ore shipments
Marcventures Mining and Development Corporation (MMDC), a subsidiary of Philippine-listed nickel miner Marcventures Holdings Inc. (MHI), is targeting to ship 2.035 million wet metric tonnes of nickel ore this year, up 17.5% from last year, Kallanish notes.
This comes after the firm saw a 21.2% year-on-year increase in nickel ore shipments in 2020, from 1.42wmt to 1.732wmt. The shipments also enabled MMDC to post record net income of PHP 530 million ($11m) in …
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