Philippine Nickel
Industry Association
At a news conference during the Nickel Initiative held in Makati City on Tuesday, Bravo said they are hopeful of drastically cutting down the gestation period for mining investments by streamlining the mining permit process.
THE Department of Environment and Natural Resources (DENR) said it will provide support for efforts to discover deposits of “critical minerals” like iron, cobalt, rare earths, as well as nickel.
The Philippines has the potential to supply much of the world’s increasing demand for nickel, however there is a need for predictability and ease of doing business in order for the nickel sector to develop.
To boost investments, the Philippine Nickel Industry Association (PNIA) is proposing the establishment of a one-stop shop for all bureaucratic permits and processes in the mining sector.
“We are directing the MGB (Mines and Geosciences Bureau) to concentrate efforts on mineral exploration in the coming year,” DENR Secretary Maria Antonia Yulo-Loyzaga said during the Nickel Initiative forum in Makati City.
PNIA said the one-stop shop should be similar to the Energy Virtual One-Stop Shop, a technology and operations management software platform for all government entities to promote a unified permitting system for energy related projects.
Nickel demand is expected to rise, driven by the shift to smart cities and clean energy, but additional investments are needed to help domestic producers, the Philippine Nickel Industry Association or PNIA said.
The nickel industry in the country has remained compelling, driven by growing demand because of its wide range of applications toward smart cities and clean energy, the Philippine Nickel Industry Association (PNIA) said on Tuesday.
Nickel demand is expected to further increase, driven by the shift to smart cities and clean energy, but additional investments are needed to help the Philippine nickel industry take advantage of the global demand, the Philippine Nickel Industry Association (PNIA) said.
THE nickel mining industry said the government needs to reduce barriers to entry for foreign investors if the Philippines is to play a major role in supplying key minerals for the green energy transition. “The industry needs a lot of support from the government, be more open to exploration, and make it easy for foreign […]