Nickel Asia, the Philippines’ largest producer of lateritic nickel ore, has recently reported surging profit in the first quarter of 2022, though its nickel ore sales have decreased over the same time, Kallanish learns from exchange filings.
Quarterly nickel ore sales volumes fell 9.8% year-on-year to 2.39 million wet metric tonnes, but the weighted average realised price stood at $27.03/wmt, saoring 21.7% from the corresponding period last year.
Of total s…
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