GLOBAL Ferronickel Holdings, Inc. (FNI), the second largest nickel producer in the country and the largest single lateritic mine exporter in the world, swung to a net loss in the first half as bad weather affected production and loading operations.
FNI incurred a net loss of P281.9 million in the first half of the year compared to a net income of P153 million in the year-earlier period.
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