Two Philippine companies invest $2 billion in production of nickel

At once two largest Philippine producers of nickel, Nickel Asia and Global Ferronickel Holdings, announced new projects on construction nickel plants. The cost of each project makes about $1 billion Nickel Asia plans construction the third plant using technology of acid leaching under pressure of (HPAL). It is expected that its capacities will reach 30 thousand tons of an equivalent of pure nickel a year. Company expects to construct the enterprise near nickel mine Pujada in Province of Davao Oriental on the island of Mindanao. Now Nickel Asia...