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Global Ferronickel’s H1 profit suffers from weak nickel prices

By Inquirer - 4 months ago
Global Ferronickel Holdings Inc.’s bottom line plunged by 40.8 percent after the group took a blow from lower nickel ore prices in the first half. In a disclosure Friday, the company said its net income attributable to equity holders of the parent company dropped to P207.1 million in the January to June period from P349.5

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