DMCI Mining Corp. said its shipments in the first half of the year fell 25 percent from a year ago on declining nickel prices and weak demand for lower-grade nickel.
It said first-half shipments dropped to 873,370 wet metric tons (WMT) from 1.16 million WMT a year ago while the average selling price of nickel shipments fell 40 percent to $28 per WMT from $41 per WMT previously.
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