21
Mar
05:11
Nickel Aisa Corp to increase 2019 local sales
According to Reuters, the major Philippine nickel producer Nickel Asia Corp, expects sales to remain flat in 2019. It expects to reduce exports to China this year and increase shipments to local smelters, Kallanish notes.
The reason why the company made this decision was to maximise profits, its chief financial officer said. Nickel Asia said that an increasing number of suppliers are involved in the export of nickel ore to China, so it believes th…
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