Despite disruptions in shipments and operations caused by the coronavirus pandemic, the metallic mining industry was able to remain resilient and posted a 1.13-percent growth last year, the Mines and Geoscience Bureau (MGB) reported.
The value of the industry’s metallic mineral production increased to P132.21 billion from P130.74 billion in 2019. The MGB said it was nickel that “steered the local mining industry to this upswing” as it continued to cater to China’s growing demand for stainless steel.
Next to Indonesia, the Philippines was the second-biggest supplier of nickel ore to China while China was the country’s top export market followed by Japan.
The nickel industry contr…
Keep on reading: Mining sector recorded 1.13% growth in 2020