Platinum Group Metals Corp. said it has dispatched its first nickel ore shipment for 2025, kicking off a promising operational year for the mining arm in Surigao del Norte of diversified and listed conglomerate Global Ferronickel Holdings, Inc.
The cargo, aboard MV YUE DIAN 59, departed on 30 April carrying 56,625 wet metric tons (WMT) of low-grade nickel ore with 1.25 percent nickel content and iron levels below 20 percent.
Global Ferronickel president Dante R. Bravo underscored the strategic importance of the shipment to Indonesia, saying it is part of efforts to strengthen the company’s international market presence. While China remains PGMC’s largest market, demand from Indonesia has surged notably over the past year, signaling opportunities for further diversification, he added.
PGMC aims to complete 91 shipments this year, totaling five million WMT. The company projects that 47 percent of these will be medium-grade nickel ore, while the remaining 53 percent will consist of low-grade ore.
With this move, Global Ferronickel reaffirms its commitment to maintaining its leadership in the Philippine mining industry while contributing to national economic growth through its expanded global footprint.
