Platinum Group Metals Corporation (PGMC), the Surigao del Norte-based operating arm of Global Ferronickel Holdings, Inc. (FNI), has successfully dispatched its first nickel ore shipment for 2025, signaling a strong start to the year’s operations.
The shipment, carried by MV YUE DIAN 59, departed the PGMC anchorage area on April 30, 2025, en route to Indonesia. The vessel is transporting 56,625 wet metric tons (WMT) of low-grade nickel ore, with a nickel content of 1.25% and iron content below 20%.
“This first shipment to Indonesia represents a key strategic move for FNI as we continue to strengthen our international market presence and diversify our client base,” said FNI President Dante R. Bravo. “While China remains our largest market, demand from Indonesia has grown significantly over the past year.”
For 2025, PGMC aims to complete 91 shipments, totaling approximately five million WMT, subject to weather conditions. The projected sales mix includes 47% medium-grade and 53% low-grade nickel ore.
FNI remains committed to sustaining its position as one of the country’s leading nickel ore producers while supporting the continued growth of the Philippine mining industry.
