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Nickel Ore Supply Agreement between Philippine and Chinese Companies

Nickel ore supply
Philippine Global Ferronickel Holdings Inc and Chinese companies signed an agreement with 4.5 million tons of nickel ore supply used for steel mill, and the delivery time is one year. This amount will be 90% of the total output for Global Ferronickel Holdings Inc in 2016; Nickel ore used for steel making technology exports is expected to reach 5 million tons.

The president of Philippine Global Ferronickel Holdings Inc said :“ we are thrilled for the year of 2016. We will try our best to cut down the operation cost by 30%.”

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