Nickel Asia ore sales volume rises 4% in H1

Nickel ore sales volumes from Nickel Asia Corp (NAC) rose 4.4% year-on-year to 8.92 million wet metric tonnes (wmt) during the first six months of 2017, the Philippine’s largest nickel ore producer said on Thursday July 13.

NAC’s Taganito mine accounted for 45% of the total volume, its Rio Tuba mine for 37%, its Hinatuan mine for 11% while the remainder came from its Cagdianao mine. The company’s total ore shipments fetched 7.17 billion pesos ($142 million) in sales during January-June, a surge of 41%...

Published

Vivian Teo

July 13, 2017

08:40 GMT

Singapore