Thursday, June 24, 2021

DMCI's Nickel shipments drop 71%

DMCI Mining Corp. reported a drastic drop in nickel shipments during the first half of the year, as its two operating subsidiaries remained suspended during the period.

From 873,371 wet metric tons (WMT), the combined nickel shipments of Berong Nickel Corp. (BNC) and Zambales Diversified Metals Corp. (ZDMC) fell 71 percent to 257,120 WMT.

The shipped nickel ore came from the stockpiles of the two firms.

DENR allowed suspended mining companies to ship out their stockpiles to limit the possible accumulation of silt in nearby bodies of water.

BNC and ZDMC were issued suspension and closure orders by the Department of Environment and Natural Resources (DENR) middle of last year.

Both have pending appeals to reopen with the Office of the President. (PR)
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