Nickel Asia reported operating results for the fiscal 2013. For the period, the company reported that the total volume of nickel ore sold and delivered from the company's four operating mines reached 14.0 million wet metric tonnes in 2013, an increase of 19% compared to the 11.7 million WMT sold and delivered in 2012. This is the high volume of ore shipments achieved by the group in its history and represents five consecutive years of increasing ore sales.

Despite an increase in the volume of shipments, the company's total estimated value of nickel ore shipments fell by 7% to PHP 10.3 billion in 2013 from PHP 11.1 billion reported in 2012, mainly due to a lower realized LME nickel price. The realized LME nickel price applicable to 5.2 million WMT of ore shipped in 2013 was at an average of $6.91 per pound of payable nickel as against $8.10 per pound of payable nickel in 2012. The balance of the shipments, which are mainly the low and medium grade variety ore sold to Chinese customers, were sold on the basis of a negotiated price per WMT of ore which averaged $20.03 per WMT of ore compared to $24.40 per WMT of ore in 2012.