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.
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:
NO TO EXPORT OF OUR NICKEL ORE!!!