Home / Metal News / Aluminium / Philippine Global Ferronickel to Supply 4.5 mln wmt Nickel Ores to Chinese Buyers
Philippine Global Ferronickel to Supply 4.5 mln wmt Nickel Ores to Chinese Buyers
Mar 29,2016 17:09CST
company news
Source:SMM
Global Ferronickel Holdings Inc said on Mar. 28 it had signed contracts to supply a total of 4.5 million wmt of nickel ore to Chinese buyers.

SHANGHAI, Mar. 29 (SMM) – Global Ferronickel Holdings Inc said on Mar. 28 it had signed contracts to supply a total of 4.5 million wmt of nickel ore to Chinese buyers.

The volume, accounting for almost 90 percent of its 2016 output target, will be delivered in one year at spot prices, Global Ferronickel said.  

Chinese buyers include Baosteel (1 million wmt), Tsingshan (2.5 million wmt), and Shanghai International Trade (1 million wmt), the company added.  

Philippine Second-Biggest Nickel Ore Miner May Increase Output

One senior official of the company said in an earlier interview to cut shipments to about 5 million wmt this year, but also added the flexibility to increase its shipments in 2016 if prices rise. 

The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.


ni ore
nickel ore prices
ni prices

For queries, please contact Frank LIU at liuxiaolei@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news