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DMCI Mining lowers nickel ore output goal

THE mining subsidiary of listed DMCI Holdings Inc. is projecting a lower nickel ore production of 1.4 million wet metric tons (WMT) for this year from the 1.7 million WMT output achieved in 2023.

Despite the lower projection, DMCI Mining Corp. President Tulsi Das Reyes said they remained optimistic given demand from Indonesia.