On March 28, 2022, Global Nickel Iron Holdings (FNI) said revenue rose to 7.71 billion pesos. FNI's net income rose 5.9 percent to 1.98 billion pesos in 2021 due to higher nickel prices.
Dante Bravo, PRESIDENT of FNI, said, "2021 was a bumper year for FNI as we received the President's Environmental Award for the Mining Industry. This is the highest honor awarded to a responsible mining company by the Ministry of Environment and Natural Resources. We are also pleased with the continued surge in nickel prices, despite the relatively adverse weather conditions experienced throughout the mining season last year, which enabled us to grow our revenues and profits."
Ondanks de positieve financiële cijfers merkte FNI op dat ongunstige weersomstandigheden leidden tot een daling van de verschepingen in 2021, met 90 nikkelertsschepen die in totaal 4,887 miljoen natte ton verscheepten, vergeleken met 103 schepen die in 2020 in totaal 5,625 miljoen natte ton verscheepten.
