Top Frontier to build $1.5-B nickel-processing plant near Nonoc mine in Surigao
This is to prepare the company for the future, wherein the Philippines—like its Southeast Asian neighbor Indonesia—would start banning the export of unprocessed mineral ore. In September last year, Sen. Paolo Benigno “Bam” Aquino filed a bill to prevent exports of unprocessed mineral ores in order to allow the country to unlock higher values from its mining resources and encourage mining firms to invest in processing plants.
Read more at: http://business.inquirer.net/195007/top-frontier-to-build-nickel-processing-plant#ixzz3fUfPc3J2