Philippine copper miner Philex seeks to diversify into nickel

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MANILA, Sept 19 - Philex Mining Corp., one of the Philippines biggest producers of copper and gold, said on Tuesday it was looking at venturing into nickel mining via a potential mine site in Zambales province on the main island of Luzon.

Austin declined to provide further details about the Zambales nickel prospect, which he said was still in the exploration stage. Miners consider nickel, which is a key feed in making electric vehicle batteries, a bright spot amid an anticipated surge in demand for e-vehicles worldwide.

Source: News Formal (newsformal.com)

 

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