Summary
GlobalData's "Nickel Mining in the Philippines to 2023" comprehensively covers the Philippines reserves of nickel, historic and forecast trends in the country's nickel production and the key active, exploration and development nickel mines and projects. The report also analyses factors affecting the country’s demand for nickel, profiles the major nickel producers and details the country's mining regulatory regime.
The Philippines is the world's second-largest producer of nickel, behind Indonesia, and accounted for nearly 16% of global production in 2018. The Philippines’ nickel industry has struggled since 2016 when a series of regulatory measures were implemented across several operating mines, leading to a 28.5% annual fall in production. However, there is now cause of optimism with the Indonesian government announcing in September 2019 the intention to bring forward the ban on nickel exports from 2022 to January 2020, paving the way for higher exports of nickel from the Philippines to China.
Looking forward, nickel production in the Philippines is expected to expand by 3% to 355kt in 2019 and then rise to 381.4kt by 2023. This will be supported by the commencement of the Acoje and Mindoro projects which have a combined nickel production capacity of 38kt and are expected to start operations in 2021 and 2023 respectively.
Scope
- The report analyses the Philippines' nickel mining industries, with details of reserves, production trends and forecasts, the competitive landscape and a listing of the major active, exploration and development projects.
Reasons to buy
- To gain an understanding of the Philippines nickel mining industry, relevant driving factors
- To understand historical and forecast trend on country's nickel production and exports
- To gain an overview of the Philippines' mining fiscal regime
- To find out the Philippines' mining governing bodies, laws, rights and obligations and major taxes applicable in the country
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Table of Contents
1.1 List of Tables
1.2 List of Figures
2 Executive Summary
3 Nickel Mining in the Philippines - Reserves, Production, Trade and Demand
3.1 Reserves by Country and Grade
3.1.1 Nickel grades at Nickel Asia Corporation (NAC)
3.2 Historical and Forecast Production
3.3 Projects Count by Province and Stage
3.4 Active Mines
3.5 Exploration Projects
3.6 Development Projects
3.7 Nickel Exports
3.8 Factors Affecting Demand for Nickel
4 Major Producers of Nickel
4.1 Nickel Asia Corporation
4.2 D.M. Consunji, Inc. (DMCI) Holding Inc.
4.3 Global Ferronickel Holdings (FNI)
5 The Philippines’ Mining Industry - Fiscal Regime
5.1 Governing Bodies
5.1.1 Department of Energy (DoE)
5.1.2 Department of Environment and Natural Resources (DENR)
5.2 Laws and Regulations
5.2.1 Philippine Mining Act of 1995
5.2.2 People's Small-Scale Mining Act of 1991
5.2.3 Presidential Decree No. 1899
5.2.4 Executive Order No. 79, 2012
5.3 Mining Permits and Contracts
5.3.1 Exploration Permit
5.3.2 Mineral Agreement
5.3.3 Financial or Technical Assistance Agreement (FTAA)
5.4 Rights and Obligations
5.5 Taxes and Royalties
5.5.1 Royalty
5.5.2 Excise Tax
5.5.3 Corporate Income Tax
5.5.4 Capital Gains Tax
5.5.5 Withholding Tax
5.5.6 Loss Carry Forward
5.5.7 Value Added Tax (VAT)
6 Appendix
List of Tables
Table 1: Nickel Mining in the Philippines - Nickel Reserves by Country (Thousand Tonnes), February 2019
Table 2: Nickel Mining in the Philippines - Top Active Mines by Total Ore Reserves (Million Tonnes), 2019
Table 3: Nickel Mining in the Philippines - Nickel Asia Corporation Nickel Reserves by Type of Ore and Grade, 2018
Table 4: Nickel Mining in the Philippines - Historical and Forecast Nickel Mine Production (Thousand Tonnes), 2003-2023
Table 5: Nickel Mining in the Philippines - Projects Count by Province by Status, 2019
Table 6: Nickel Mining in the Philippines - Active Mines, 2019
Table 7: Nickel Mining in the Philippines - Exploration Projects, 2019
Table 8: Nickel Mining in the Philippines - Development Projects, 2019
Table 9: Nickel Mining in the Philippines - Nickel Ores and Concentrates Exports (Million Tonnes), 2003-2023
Table 10: Nickel Mining in the Philippines - Comparison of Companies by Revenue (US$ Million), 2014 to 2018
Table 11: Nickel Mining in the Philippines - Nickel Asia Corp, Major Projects, 2019
Table 12: Nickel Mining in the Philippines - DMCI Corp, Major Projects, 2019
Table 13: Nickel Mining in the Philippines - Global Ferronickel Holdings Inc, Major Projects, 2019
Table 14: The Philippines’ Mining Fiscal Regime - Exploration Permit Areas (ha), 2019
Table 15: The Philippines’ Mining Fiscal Regime - Mining Agreement Areas (ha), 2019
Table 16: The Philippines’ Mining Fiscal Regime - Proposed Royalty Rates, 2019
Table 17: The Philippines’ Mining Fiscal Regime - Excise Tax, 2019
List of Figures
Figure 1: Nickel Mining in the Philippines - Nickel Reserves by Country (%), February 2019
Figure 2: Nickel Mining in the Philippines - Historical and Forecast Nickel Mine Production (Thousand Tonnes) vs Nickel Prices (US$/Tonne), 2003-2023
Figure 3: Nickel Mining in the Philippines - Projects Count by Province by Status, 2019
Figure 4: Nickel Mining in the Philippines - Nickel Ore and Concentrate Exports (Million Tonnes), 2003-2023
Figure 5: Nickel Mining in the Philippines - Exports by Country (%), 2010 - 2018
Figure 6: Nickel Mining in the Philippines - China’s Nickel Consumption and Imports of Nickel Ores and Concentrates, 2019-2023
Figure 7: Nickel Mining in the Philippines - China’s Stainless Steel Production, 2010-2018
Figure 8: Nickel Mining in the Philippines - Significance of China in Global and Asian Stainless Steel Industry, 2010-2018
Figure 9: Nickel Mining in the Philippines - Comparison of Companies by Revenue (US$ Million), 2014 to 2018
