Global Ferronickel Holdings Corp., the country’s third largest nickel miner, expects volume production to increase by 11 percent this year amid ongoing expansion plans to be financed by a planned share sale either in March or April this year.

Dante Bravo, Global Ferronickel executive vice president and corporate secretary, said in a briefing on Friday that the nickel mining firm forecasts ore production to rise to 7 million metric tons (MT) this year from 6.3 million MT in 2014.

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