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DENR lifts suspension on nickel-miner Zambales Diversified

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Enrico dela Cruz, Reuters

MANILA - The Department of Environment and Natural Resources has lifted the suspension of nickel-miner Zambales Diversified Metals Corp, DMCI Holdings Inc said in a regulatory filing on Thursday.Zambales Diversified Metals is a subsidiary of DMCI Mining Corp, which is owned by DMCI Holdings.DMCI Mining&#x27;s two nickel subsidiaries, Zambales Diversified and Berong Nickel Corp, were among several Philippine ore producers suspended or shut following a series of government-initiated audits on the industry&#x27;s compliance with environmental regulations.The DENR lifted the suspension of Berong in November last year.The Berong and Zambales mines, two of more than 30 nickel-ore producers in the Philippines, in recent years accounted for less than 5 percent of the nation&#x27;s output of the material, which is used in stainless steel and electric vehicle batteriesTop nickel ore buyer China is expected to rely on the Philippines, the world&#x27;s second-largest ore producer in 2018, for supply that will replace ore shipments from last year&#x27;s top producer Indonesia, which is due to ban its ore exports in 2020. (Editing by Aditya Soni)

The Department of Environment and Natural Resources has lifted the suspension of nickel-miner Zambales Diversified Metals Corp, DMCI Holdings Inc said in a regulatory filing on Thursday.

The Department of Environment and Natural Resources has lifted the suspension of nickel-miner Zambales Diversified Metals Corp, DMCI Holdings Inc said in a regulatory filing on Thursday.

DENR lifts suspension on nickel-miner Zambales Diversified

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DENR lifts suspension on nickel-miner Zambales Diversified

Enrico dela Cruz,

Reuters

Published October 10, 2019 05:40 PM PHT

Read More:

DENR

mining

nickel

Zambales Diversified

DMCI

environment

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