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Philippine Regulator Recommends Lifting Suspension on Nickel Miner

Metal News - Published on Fri, 13 Sep 2019

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Reuters reported that Philippines’ mining watchdog has recommended lifting the suspension of a small sized nickel miner, one of several ore producers ordered in 2016 to halt operations in an industry-wide crackdown. Environment Undersecretary Analiza Teh said that Philippine Mines and Geosciences Bureau recommended that Zambales Diversified Metals Corp one of two nickel subsidiaries of DMCI Mining Corp be allowed to resume mining operations.

The Department of Environment and Natural Resources lifted the suspension order on DMCI Mining’s other nickel subsidiary, Berong Nickel Corp, in November last year.

The Philippines was the world’s second-largest producer of nickel ore in 2018, selling most of its output to top buyer China. The Berong and Zambales mines, two of more than 30 nickel ore producers in the Philippines, in recent years accounted for less than 5% of the nation’s output of the material, which is used in stainless steel and electric vehicle batteries.

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Posted By : Rabi Wangkhem on Fri, 13 Sep 2019
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