Falconbridge Dominicana, the nation’s principal mining company, expects to produce 66 million pounds of nickel next year. Exports should reach US$40 million, at a US$3.25/lb. price. Enrique Lithgow, general manager of the company, said that this year they exported 55 million pounds of ferronickel. He expects the company to have exported about 52-53 million pounds by the end of 1999. He said that this year’s profits will be US$13 million, up from last year’s US$8 million. He spoke during the activity where the company received the ISO 14001 Environmental Management Certificate for meeting best environmental practices on modern industry.
