NICKEL Asia Corporation, the country’s biggest nickel producer, reported a 16-percent drop in the value of nickel ore shipments in the first three months of the year due to lower metal prices in the world market.

In a disclosure to the Philippine Stock Exchange, Nickel Asia said that its two operating mines sold an aggregate 3.09 million wet metric tons (WMT) of nickel ore as of March 2018, slightly higher compared to 3.05 million WMT a year ago.

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