Philippines Delays Nickel Ore Shipping, an Industrial Info Market Brief

The Philippines has suspended the nickel mining permit of Marcventures Mining & Development Corporation, delaying its direct shipping ore operation from the Cantilan nickel mine. In an effort to avoid the spread pf COVID-19, the government is currently proposing to suspend mining activities in the provinces, which will delay majority of direct shipping ore operations for nickel in the country. Foreign and domestic ferro-nickel plants are expected to run short in supply in the coming months if nickel ore shipments, already at an all-year low, are delayed until the end of April. Industrial Info is tracking the effects of the COVID-19 pandemic in all 22 active nickel mines in the Philippines.