Wednesday, February 25, 2009

Philippines Shipped 351,000 Tonnes Of Nickel Ore In January

Figures released by the Philippines' Mines and Geosciences Bureau on Tuesday reveal that the country exported 351,000 tonnes of nickel ore in January. One local firm, SR Metals, shipped 250,000 tonnes to China. Taganito Mining Corp. and Rio Tuba Mining Corp. each shipped 50,500 tonnes to Japan.

Mining companies are now required to obtain a mineral export permit from the Department of Environment and Natural Resources, which oversees the MGB. The new directive is intended to enable the government monitor the country's mineral shipments. As a result, the agency was unable to provide comparative figures.

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