The Philippine nickel industry is predicted to have a strong year in 2021 as demand from abroad is expected to improve despite the 2019 corona virus pandemic (COVID-19).
Rising nickel consumption expected to continue
Philippine Nickel Industry Association President Dante R. Bravo said the group is optimistic that rising nickel consumption will continue due to demand from the infrastructure and home appliance sectors, as well as the electric vehicle industry.
- Investment backlog in mining – are prices now rising?
- Chinese iron ore futures rise on optimistic demand after Lunar New Year festival
- Ore and alloy prices remain dynamic in Q1
Indonesian mining industry employs 190,000 people
“The mining industry has continued to employ 190,000 people across the country and this is very important, especially as the Philippine government seeks to implement economic recovery efforts from the effects of the pandemic,” he said in a statement Thursday.
Steelnews.biz constantly searches the Internet for important, interesting and informative news.
Are you missing an information, do you have a question or are you interested that we refer to a certain article or press release of Steelnews.biz? Then simply contact us now.
We always try to refer to the correct source of a news item.
Disclaimer: Many things here represent our opinion. Others are information from the Internet. We can therefore never claim to be correct or complete. And never base a business decision solely on the news you receive from us.