Philippines’ proposed tax on nickel ore exports could ‘kill’ industry - group head - BusinessWorld Online

📆 1/31/2023 8:41 AM
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The head of the Philippine nickel mining industry warned on Tuesday that the government’s plan to impose an up to 10% tax on nickel ore exports could force local producers to close up shop. READ:

January 31, 2023 | 1:28 pm

“We need to be heard so the government will understand our side,” said Bravo, who is also the president of miner Global Ferronickel Holdings Inc. The idea is to follow in the footsteps of Indonesia, where a ban on nickel ore exports has attracted massive investment into processing plants. Indonesia wants to replicate the policy for other metals, including tin.

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