Philippine nickel ore production increased by 3 per cent in the first quarter compared with the same period last year-Shanghai Metals Market

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Philippine nickel ore production increased by 3 per cent in the first quarter compared with the same period last year

Translation 07:07:34PM May 30, 2019 Source:Wenhua Finance and Economics
The content below was translated by Tencent automatically for reference.

SMM News: according to foreign news on May 30, the Philippine government said on Thursday that Philippine nickel ore production rose 3 percent in the first quarter from the same period last year to 2.97 million dry tons, although more than half of the country's 28 mines had zero output.

In its quarterly production report, the Philippine Department of Mining and Geosciences (MGB) said only 10 mines reported production in the first quarter.

The Philippines, the world's second-largest supplier of nickel ore, has been climbing ever since Indonesia lifted its ban on nickel ore exports in 2017.

Chinese and Japanese buyers process Filipino nickel ore to make stainless steel and use it in battery materials.

MGB said 18 nickel mines were not operating because of adverse weather, overhauling or a temporary shutdown due to environmental problems.

Philippine copper concentrate production rose 16 per cent to 81059 dry tons in the first quarter, while gold production jumped 12 per cent to 5651 kg, MGB said.

Key Words:  Nickel  nickel sulfate  price  mining  production 

Philippine nickel ore production increased by 3 per cent in the first quarter compared with the same period last year

Translation 07:07:34PM May 30, 2019 Source:Wenhua Finance and Economics
The content below was translated by Tencent automatically for reference.

SMM News: according to foreign news on May 30, the Philippine government said on Thursday that Philippine nickel ore production rose 3 percent in the first quarter from the same period last year to 2.97 million dry tons, although more than half of the country's 28 mines had zero output.

In its quarterly production report, the Philippine Department of Mining and Geosciences (MGB) said only 10 mines reported production in the first quarter.

The Philippines, the world's second-largest supplier of nickel ore, has been climbing ever since Indonesia lifted its ban on nickel ore exports in 2017.

Chinese and Japanese buyers process Filipino nickel ore to make stainless steel and use it in battery materials.

MGB said 18 nickel mines were not operating because of adverse weather, overhauling or a temporary shutdown due to environmental problems.

Philippine copper concentrate production rose 16 per cent to 81059 dry tons in the first quarter, while gold production jumped 12 per cent to 5651 kg, MGB said.

Key Words:  Nickel  nickel sulfate  price  mining  production