MANILA -Nickel ore exports from the Palawan mine of Global Ferronickel Holdings Inc. boosted the mining company's earnings last year by 9 percent, as it aims to expand production in 2023. In a statement on Monday, Ferronickel said net income grew to P2.2 billion in 2022 despite external headwinds. 'Our performance during the year showed our company's ability to evolve and make further progress against our strategic priorities,' said Ferronickel president Dante Bravo. The company aims to expand nickel ore production by 20 percent this year through its mine in Brooke's Point, Palawan, which has an annual production capacity of 1.

https://business.inquirer.net/393407/global-ferronickel-profits-from-palawan-ore-exports

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