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THE GIST
NEWS AND FEATURES
Global Philippines Fine Living
INSIGHTS
INVESTMENT STRATEGY
Economy Stocks Bonds Currencies
THE BASICS
Investment Tips Explainers Retirement
WEBINARS
2024 Mid-Year Economi Briefing, economic growth in the Philippines
2024 Mid-Year Economic Briefing: Navigating the Easing Cycle
June 21, 2024
Investing with Love
Investing with Love: A Mother’s Guide to Putting Money to Work
May 15, 2024
retirement-ss-3
Investor Series: An Introduction to Estate Planning
September 1, 2023
View All Webinars
DOWNLOADS
grocery-2-aa
Economic Updates
Inflation Update: Prices rise even slower in May 
June 5, 2025 DOWNLOAD
Buildings in the Makati Central Business District
Economic Updates
Monthly Recap: BSP to outpace the Fed in rate cuts 
May 29, 2025 DOWNLOAD
economy-ss-9
Economic Updates
Quarterly Economic Growth Release: 5.4% Q12025
May 8, 2025 DOWNLOAD
View all Reports
Economy 2 MIN READ

UPDATE 1-Bad weather could hit 2021 Philippine nickel output – industry head

October 21, 2021By Reuters
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Adds more comments, background

MANILA, Oct 21 (Reuters) – Nickel output in the Philippines, the biggest supplier of nickel ore to top metals consumer China, could decline this year due to unfavourable weather, the head of an industry group said on Thursday.

“There is that possibility of decline in output because we experienced a lot of rains this year compared to previous years,” said Dante Bravo, president of the Philippine Nickel Industry Association and the country’s second-largest ore producer Global Ferronickel Holdings Inc FNI.PS.

Mining operations and shipping of ore from the Philippines’ nickel hub of Caraga region in the south are usually halted in the third or fourth quarter of the year due to the rainy season, but Bravo told Reuters the downpour this year is particularly disruptive.

However, he said he could not give any estimates on the scale of possible decline in output.

The country’s nickel output in the first half of the year rose 39% from the same period in 2020 to 151,646 tonnes, data from the Mines and Geosciences Bureau showed. nL4N2Q50JH

Bravo said nickel ore shipments from the country have also been hampered by a shortage of vessels.

(Reporting by Enrico Dela Cruz; Editing by Kenneth Maxwell)

((enrico.delacruz@tr.com))

This article originally appeared on reuters.com

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