Nickel in the Philippines

Indonesia announced back in 2012 that it was planning to ban unprocessed ore exports, but it was only recently that the ban went into effect — January 12, to be specific.

While the news sent many nickel market participants reeling, largely because up until the ban was passed, the expectation was that Indonesia — a major supplier of nickel ore — would not go through with an unadulterated ban, it is proving to be a boon for the Philippines. That’s because in the absence of Indonesian ore, many analysts and investors are turning to the nation as a likely source of nickel.

Read more at: http://resourceinvestingnews.com/65843-nickel-in-the-philippines.html

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