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Philippines to Benefit from Indonesia Nickel Ore Ban-The 21st China(Guangzhou) Die-casting, Foundry & Industry Furnace Exhibition 9/20/2019 压铸展-铸造展- Die-casting expo-foundry expo |
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Philippine Star reported that while the Philippines could see a spike in nickel prices when it is able capitalize on Indonesia’s nickel ore ban, the government is unsure if the local sector will be able to meet the demand for high grade ore. In an interview, Mines and Geosciences Bureau director Mr Wilfredo Moncano told reporters that Indonesia’s ban on nickel ore exports is an encouraging development for Philippine mining firms. He said that “It’s encouraging on the part of the nickel miners. I would also expect a spike or increase in the price of nickel.”
MGB said that “The positive outlook was motivated by expected economic growth and increased demand from China. The growing concern for possible disruptions in the operations of main nickel producers in the world market, coupled with the growing demand for electronic vehicles, will also push prices higher.”
压铸展-铸造展-2020第二十一届广州国际压铸、铸造及工业炉展览会-中国最受关注的压铸铸造展会-巨浪展览
-The 21st China(Guangzhou) Die-casting, Foundry
& Industry Furnace Exhibition
-Die-casting exhibition, Die-casting expo,2020
Die-casting exhibition, 2020 Die-casting expo, China Die-casting exhibition,
China Die-casting expo, Foundry exhibition, Foundry expo, 2020 Foundry
exhibition, 2020 Foundry expo, Industry Furnace exhibition, Industry Furnace
expo, 2020 Industry Furnace exhibition, 2020 Industry Furnace expo, China
Industry Furnace exhibition, China Industry Furnace expo
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