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Global Ferronickel inks deal with Chinese firm

GLOBAL Ferronickel Holdings Inc. (FNI) is set to supply 1.5 million wet metric tons (WMT) of nickel ore for the 2023 mining season following the signing of a purchase agreement with China's Baosteel Resources International Co. Ltd.

The nickel ore will come from FNI's operating mines in Surigao del Norte and Palawan, operated by Platinum Group Metals Corp. (PGMC) and Ipilan Nickel Corp. (INC), respectively.