11
Sep
16:28
Philippine nickel ore production jumps in first half
Philippine nickel ore production surged 40.4% on-year to nearly 16.87 million dry metric tonnes (dmt) in the first half of the year, expanding rapidly from an increase of just 5.4% in the first quarter, Kallanish notes.
Meanwhile, the value of nickel ore jumped 18.2% to over PHP 31.7 billion ($559 million). This revealed that the average nickel price was down 15.8% on-year at PHP 1,880/dmt, according to the Mines and Geosciences Bureau.
Of the country…
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Anonymous
Very good overview of the weekly steel market.
Anonymous