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“The aspiration of the DTI is that we will find it in our regulations to stop the direct sale of ore because that’s a depletable resource, and only encourage new entrants if they invest in processing the ore into high value-added products. That doesn’t only apply to nickel but also copper, etc. So, we have to move up the value chain,” Ms. Angara-Mathay said.
Coral Bay and Taganito are hydrometallurgical nickel processing plants that utilize high-pressure acid leaching, which converts low-grade nickel lateritic ores into nickel and cobalt mixed sulfide.
However, she said that there has been no interest from these companies as they are waiting for policies from relevant government authorities.
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