Platinum Group Metals Corporation (PGMC), the operating arm in Surigao del Norte of diversified conglomerate Global Ferronickel Holdings, Inc. (FNI), announces the successful dispatch of its first nickel ore shipment for the year and it is heading to Indonesia. The first shipment, aboard M/V YUE DIAN 59, left the PGMC anchorage area last April 30, 2025 carrying a total of 56,625 wet metric tons (WMT) of nickel ore. The cargo consists of low-grade ore with 1.25% Ni and iron content below 20%, marking the beginning of what is set to be a strong operational year for PGMC.
“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. China remains our biggest market but the demand from Indonesia has been growing significantly since the past year,” said FNI President Dante R. Bravo.
PGMC targets to complete 91 shipments for the year, totaling five million WMT, weather permitting. The projected sales mix will consist of 47% medium-grade nickel ore and 53% low-grade nickel ore.
FNI is committed to maintaining its position as one of the country's leading nickel ore producers and contributing to the growth of the Philippine mining industry.
