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
