News

Global Ferronickel Holdings, Inc.’s H1 net income

Global Ferronickel Holdings, Inc. (FNI), the country’s second-largest nickel ore producer, recorded H1 net income of P640.8 million against the P195.8 million it posted during the same period last year.






Global Ferronickel Holdings, Inc.’s annual supply agreement with Baosteel Resources expands to 1.3 million WMT for 2021

Global Ferronickel Holdings, Inc. (FNI), through its operating arm in Surigao del Norte Platinum Group Metals Corporation (PGMC), recently signed an Annual Purchase Agreement with Baosteel Resources International Co. Ltd for the supply of 1.3 million WMT of nickel ore during the 2021 mining season. This represents a 30% increase from this year’s supply contract covering 1 million WMT.





Platinum Group Metals Corporation temporarily suspends operations

In compliance with the policy directions of local government units and to allay growing concerns with the spread of COVID-19 in the country, Platinum Group Metals Corporation (PGMC), the operating arm of Global Ferronickel Holdings, Inc. (FNI), has decided to temporarily suspend operations in its Cagdianao site effective immediately.