FNI to supply nickel ore to Chinese miner

LISTED Global Ferronickel Holdings Inc. (FNI) has secured a one-year contract to supply 1 million wet metric tons (WMT) of nickel ore to China’s Baosteel Resources International Co. Ltd.

In a disclosure on Wednesday, the nickel exporter, which has been supplying nickel ore to several Chinese state-owned companies, said unit Platinum Group Metals Corp. (PGMC) signed the contract.