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[SMM brief Review] the Philippines reopens mining companies with a small amount of influence, unable to reverse the shortage of domestic nickel mines.
Jul 27,2020 11:50CST
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Source:SMM
The content below was translated by Tencent automatically for reference.

SMM7, March 27: recently, the Philippine Department of Environment and Natural Resources ((DENR)) will allow mining companies closed by Genna Lopez (Gina Lopez) to resume operations.

Lopez's successor, former Army General Roy Simatu (Roy Cimatu), confirmed in a briefing on Wednesday July 22nd that the Ministry of Defense and Natural Resources audit team had made recommendations during the inspection of the mine.

During her tenure as environment minister, (Lopez) briefly ordered the closure of about 26 mining companies, citing various violations. Cimatu did not name the mining companies, but assured the public that they had corrected their mistakes.

According to SMM research, the list of recoverable mines has not yet been determined, and most of the mines are in a state where there is no ore to go out, so the impact is small and can not reverse the shortage of domestic nickel mines.

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