Philippines to Increase Nickel Ore Exports

Bloomberg reported the Philippines are expected to increase nickel ore exports on a ban from Indonesia.

As quoted in the market news:

Ore exports may climb from last year’s 20.1 million metric tons, which yielded 253,247 tons of refined metal, Leo Jasareno, acting bureau director, said in an interview, without giving an estimate. Four companies are awaiting government approval to start mining, Jasareno said in Manila on March 29.

Click here to read the full Bloomberg report.