The Philippine Nickel Industry Association (PNIA) has expressed strong opposition to the proposed ban on raw nickel ore exports, emphasizing that such a move could harm the industry’s growth and competitiveness.
While supporting the government’s goal of developing a robust nickel sector, PNIA president Dante Bravo cautioned that the policy would likely create further uncertainty for investors. He pointed out that the Philippines lacks the necessary infrastructure, regulatory consistency, and skilled workforce to implement value-added processing (VAP) effectively.
PNIA’s call for reconsideration highlights the importance of creating a competitive investment climate before enforcing restrictive policies. Comparing the Philippines to Indonesia, which successfully implemented an ore export ban only after establishing investor-friendly conditions, Bravo stressed the need for improved government support, faster permitting processes, and more strategic resource management.
Geopolitical risks, shifting global demand for nickel, and increasing competition from countries like Brazil and Australia further complicate the export ban proposal. PNIA warned that such a ban could cause buyers to turn to alternative suppliers, undermining the Philippines’ position in the global market.
With global nickel production expected to grow in 2025, but with prices under pressure due to oversupply and changing demand patterns, PNIA advocates for a more calculated approach. The association urges the government to prioritize fostering a competitive business environment to secure long-term growth and attract investment in the sector.
Originally Published in context.ph