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Global Ferronickel to take 20% stake in Chinese ore processor

BusinessWorld
May 25, 2021 | 12:09 am
THE board of Global Ferronickel Holdings, Inc. (FNI) has approved the acquisition of a 20% interest in China’s Guangdong Century Tsingshan Nickel Industry Co., Ltd. (GCTN).
In a disclosure to the stock exchange on Monday, the company said its board considered the proposal of the management to obtain interest in GCTN as part of the effort to “enhance synergy” between FNI as an ore supplier and GCTN as a value-added processor.
Further, the disclosure said the acquisition seeks to offer consistent and reliable trade transactions between the parties and provide support for FNI’s diversification projects.
However, FNI did not provide details or figures on its planned acquisition in the stock exchange disclosure. ....

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Metallic minerals output slightly up in 2020

Published February 23, 2021, 3:34 PM
The country’s metallic mineral production slightly increased by value last year as prices remained higher than their pre-coronavirus pandemic levels, data from the Mines and Geosciences Bureau (MGB) showed.
The total metallic mineral output in January to December last year rose by 1.13 percent by value to P132.21 billion from P130.74 billion in the previous year, the MGB reported on Tuesday, Feb. 23.
“In 2020, metal prices, remain to be the silver lining amid the COVID-19 pandemic for the minerals sector. For metals, we saw that prices were higher than their pre-pandemic levels,” MGB said in a statement,
Based on the MGB report, nickel ore together with its by-products, such as mixed nickel-cobalt sulfide and scandium oxalate, accounted for half of the total metal output last year with P68.48 billion. ....

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PHL 2020 metals output up 1.3% by value

PHL 2020 metals output up 1.3% by value
bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.

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What's Now, What's New, What's Next in Business – Manila Bulletin

Published February 1, 2021, 8:00 AM
This is part of a series of profiles on a new generation of leaders, thinkers, creators, innovators, and trailblazers across many fields in the country. The list is drawn under the theme “What’s Now, What’s New, What’s Next” in celebration of Manila Bulletin’s 121st anniversary as an exponent of Philippine progress.
Michelle Tiu Lim: An heiress leads Mega Global journey
By Bernie Cahiles-Magkilat
Michelle Tiu Lim was raised by a strong mother, who gave her the strength to lead the country’s largest sardines manufacturing firm Mega Global Corporation.
“I can say that being a woman did not hinder me from taking on the challenging role of the COO,” said Michelle. ....

Misamis Oriental , Negros Oriental , United States , San Marino , Northern Samar , Sinisian Lemery , New York , Makati City , San Pedro Makati , Republic Of , Metro Manila , Philippines General , Camarines Norte , New York University , South Wales , Henry Motte , Angie Mead King , Edgar Saavedra , Lorraine Belo Cincochan , Belo Cincochan , Benedictot Coyiuto , Martin Miranda , Stephen Covey , Richard Lim , Renault Asia , George Royeca ,