MANILA, Philippines — Listed mining company Global Ferronickel Holdings Inc. reported a 51-percent decrease in net income in 2024 as lower nickel ore prices slashed its revenues. In a stock ...

Both plants produce ferronickel for the stainless steel sector, which is still the largest consumer of nickel despite the metal's growing use in electric vehicle batteries. This segment of the ...

GLOBAL Ferronickel Holdings, Inc. (FNI) saw attributable net income in 2024 plunge by 50 percent to P743.9 million from P1.54 billion in 2023 as prices of nickel ore dropped, aggravated by demand ...

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