Philippine Nickel Sales to Indonesia to Jump After Jakarta Curbs

Shipments of nickel ore from the Philippines to Indonesia could as much as double to hit 30 million tons this year, a leading miner said, after Jakarta introduced drastic production curbs in an effort to revive the price of the metal.

“If they cut their domestic supply, they will have to get it from somewhere,” Dante Bravo, president of Global Ferronickel Holdings Inc., the Philippines’ second-largest nickel ore producer, said by telephone. “Their shortfall will come from other sources, so from the Philippines, from New Caledonia, from other parts of the world.”