Miners say ban on nickel ore exports to hurt local industry

  • 📰 MlaStandard
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 55%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Miners say ban on nickel ore exports to hurt local industry READ MORE:

The Department of Trade and Industry earlier proposed to restrict nickel ore exports to institutionalize mineral ore processing and add value to mineral exports.

“Killing the industry will not incentivize investments in value added processing. You promote investments in value added processing by promoting mining investments first—with a stable and predictable policy. If we cannot show protection of mining investments, how can we show protection of investments in value added processing,” he said.

Bravo said more taxes and the proposed ban on nickel ore shipment would disincentivize investors and pull them away from putting in more investments into the local mining industry.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 20. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

NO TO EXPORT OF OUR NICKEL ORE!!!

Canada Canada Latest News, Canada Canada Headlines