AngMinero
  • Home
  • News
  • Features
  • Business
No Result
View All Result
AngMinero
  • Home
  • News
  • Features
  • Business
No Result
View All Result
AngMinero
No Result
View All Result
Home News

PNIA projects nickel output up by 40-M WMT in 2020

AngMinero News by AngMinero News
December 12, 2019
in News
28 0
0
PNIA seeks to join int’l industry group
84
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter

The Philippine Nickel Industry Association (PNIA) is looking forward to a significant increase in nickel ore output for 2020, projecting almost 40-M wet metric tons (WMT) of deposit.

According to a Manila Times report, this boost can be attributed not only to the Indonesian nickel ore export ban but also to the anticipated better prices for the commodity by next year.

“You know when the price is a bit high, if you can make money you can go further, further distances to mine and that could increase the volume basically. It is more than 40 million tons, I think. Whether it will exceed 50 million tons, I doubt,” PNIA President Dante Bravo was quoted as saying in the report.

Citing the Mines and Geosciences Bureau (MGB), Bravo expressed that the country’s nickel production for 2018 would reach approximately 26-M dry metric tons (DMT) as compared to last year’s production.

Moreover, Bravo also expressed that Indonesia’s planned export ban will likely increase the demand for Philippine nickel ore, given the government’s approval for suspended mines to resume operations.

“In Zambales, we hope that, because some of the mines have to resume operations, I think by next year, [we] have four mines [and] they might start [their operations] [and] that would add up. In Mindanao, we hope that some of the mines in Dinagat Islands will be able to operate, so that’s going to add up also,” he stated.

PNIA Chairman Emeritus Clarence Pimentel Jr., on the other hand, projected a balance between market forces of prices and requirements — an optimistic and strong projection of the nickel industry in 2020.

In related news, PNIA was considering the US-China trade war to be one of the major challenges for the Philippine nickel industry.

“That remains basically to be the main challenge, in terms of foreign exchange, economic growth, and going direct investments,” Bravo expressed.

Tags: MGBMines and Geoscience BureaunickelNickel orePhilippine Nickel Industry AssociationPNIA

Related Posts

DENR sets public scoping for proposed Mapawa Gold Project in Surigao del Norte
News

DENR sets public scoping for proposed Mapawa Gold Project in Surigao del Norte

October 28, 2025
De Lima urges House probe into alleged illegal mining in Nueva Vizcaya
News

De Lima urges House probe into alleged illegal mining in Nueva Vizcaya

October 28, 2025
Investors show interest in Philex’s Silangan mine ahead of 2026 launch
News

Investors show interest in Philex’s Silangan mine ahead of 2026 launch

October 27, 2025
President Marcos urges sustainable, law-abiding mining investments in PH
News

President Marcos urges sustainable, law-abiding mining investments in PH

October 27, 2025
Chamber of Mines says reforms can revive PH mining exports
News

Chamber of Mines says reforms can revive PH mining exports

October 27, 2025
FNI legal team earns top honors at 2025 ALB Philippine Law Awards
News

FNI legal team earns top honors at 2025 ALB Philippine Law Awards

October 16, 2025

FEATURED POST

DENR sets public scoping for proposed Mapawa Gold Project in Surigao del Norte

DENR sets public scoping for proposed Mapawa Gold Project in Surigao del Norte

October 28, 2025
De Lima urges House probe into alleged illegal mining in Nueva Vizcaya

De Lima urges House probe into alleged illegal mining in Nueva Vizcaya

October 28, 2025
Investors show interest in Philex’s Silangan mine ahead of 2026 launch

Investors show interest in Philex’s Silangan mine ahead of 2026 launch

October 27, 2025
President Marcos urges sustainable, law-abiding mining investments in PH

President Marcos urges sustainable, law-abiding mining investments in PH

October 27, 2025

EDITOR PICK'S

DENR sets public scoping for proposed Mapawa Gold Project in Surigao del Norte

October 28, 2025

De Lima urges House probe into alleged illegal mining in Nueva Vizcaya

October 28, 2025

Investors show interest in Philex’s Silangan mine ahead of 2026 launch

October 27, 2025

President Marcos urges sustainable, law-abiding mining investments in PH

October 27, 2025

Chamber of Mines says reforms can revive PH mining exports

October 27, 2025

SMPC declares PHP1.25 special cash dividend, total 2025 payout at PHP13.8B

October 20, 2025

FNI legal team earns top honors at 2025 ALB Philippine Law Awards

October 16, 2025

Recent News

DENR sets public scoping for proposed Mapawa Gold Project in Surigao del Norte

DENR sets public scoping for proposed Mapawa Gold Project in Surigao del Norte

October 28, 2025
De Lima urges House probe into alleged illegal mining in Nueva Vizcaya

De Lima urges House probe into alleged illegal mining in Nueva Vizcaya

October 28, 2025

Category

  • Business
  • Features
  • News
  • Uncategorized

Follow us

  • Setup menu at Appearance » Menus and assign menu to Footer Navigation

© 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.

No Result
View All Result

© 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.

Login to your account below

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In