Philippines courts investors for 'China-free' nickel supply chain
Financial Times — June 30, 2024, 05:00 AM UTC
Summary: The Philippines seeks western investment to develop its nickel reserves as an alternative to China's dominance in the EV battery supply chain. It aims to attract US, UK, Australia, Japan, and South Korea investors. The country plans to produce "greener" nickel using renewable energy. Indonesia leads in nickel production, with 57% of global refined nickel in 2023. The Philippines has two processing plants and aims to diversify the supply chain.
Guess we know the company for the copper side of things in the Phillipines.
Philippines courts investors for 'China-free' nickel supply...
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