04
Sep
04:56
Philippines unlikely to fill nickel shortage: Nickel Asia
Major Philippine nickel ore producer Nickel Asia Corp. said on 2 September that the shortage of nickel ore caused by the Indonesian export prohibition will be difficult to cover, Kallanish notes. This will be so, it added, even if all Philippine producers expand production.
The company’s vice ceo and cfo, Emmanuel Samson, said that the short supply will raise nickel prices, and that Nickel Asia could see higher profits. The nickel producer has around half …
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