Philippine Miner Sees Surge in Nickel Shipments to Indonesia
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Nickel ore shipments to Indonesia from the Philippines are expected to surge this year to meet demand from Chinese-owned refineries affected by Jakarta’s curbs on domestic production, according to the head of a Philippine miner.
Exports from the Philippines to Indonesia will likely rise to between 5 million and 10 million tons this year from around a million tons at the end of 2023, according to Tulsi Das Reyes, president of Philippine conglomerate DMCI Holdings Inc.’s mining unit.