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Philippines to Benefit from Indonesia Nickel Ore Ban-The 21st China(Guangzhou) Die-casting, Foundry & Industry Furnace Exhibition
9/20/2019 壓鑄展-鑄造展- Die-casting expo-foundry expo |
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Philippine Star reported that while the Philippines could see a spike in nickel prices when it is able capitalize on Indonesia’s nickel ore ban, the government is unsure if the local sector will be able to meet the demand for high grade ore. In an interview, Mines and Geosciences Bureau director Mr Wilfredo Moncano told reporters that Indonesia’s ban on nickel ore exports is an encouraging development for Philippine mining firms. He said that “It’s encouraging on the part of the nickel miners. I would also expect a spike or increase in the price of nickel.”
MGB said that “The positive outlook was motivated by expected economic growth and increased demand from China. The growing concern for possible disruptions in the operations of main nickel producers in the world market, coupled with the growing demand for electronic vehicles, will also push prices higher.”
壓鑄展-鑄造展-2020第二十一屆廣州國際壓鑄、鑄造及工業爐展覽會-中國最受關注的壓鑄鑄造展會-巨浪展覽
-The 21st China(Guangzhou) Die-casting, Foundry
& Industry Furnace Exhibition
-Die-casting exhibition, Die-casting expo,2020
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China Die-casting expo, Foundry exhibition, Foundry expo, 2020 Foundry
exhibition, 2020 Foundry expo, Industry Furnace exhibition, Industry Furnace
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Industry Furnace exhibition, China Industry Furnace expo
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