GLOBAL Ferronickel Holdings Inc. (GNI) said higher prices of nickel ore, increased sales, and favorable foreign exchange rates boosted its revenues in 2017 to P5.82 billion from P3.77 billion in 2016.
In a regulatory filing on April 16, the company said nickel ore prices improved to 19.29 per wet metric ton (WMT), 5.1 percent higher than the 2016 average price of $18.36 per WMT.
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