Indonesia ban to help Philippines nickel ore output, exports in 2012
Mining News | 2012-05-11 06:47:26
Philippines nickel ore production and exports are expected to rise this year as Indonesian ban on unprocessed materials export executes in May.
By Paul Ploumis
MANILA (Scrap Monster): Philippines nickel ore production and exports are expected to rise this year as Indonesian ban on unprocessed materials export executes in May.
Indonesian ban on export may benefit to Philippine ore producer to make the higher figures on ore export.
The world's largest metal user China imported 53% of its nickel ore from Indonesia and 46% from Philippines last year. Currently, under the Indonesian ore ban, Philippines predicted a highly increasing shipment to China.
According to US Geological Survey, the Philippines and Indonesia made 230,000 tons of refined nickel respectively in 2011, only behind Russia with 280,000 tons output.
