Showing posts with label EV. Show all posts
Showing posts with label EV. Show all posts

Saturday, June 1, 2024

Should Philippines follow Indonesia in exporting processed nickel instead of ores?

Every generation needs a revolution - an entrepreneurial revolution



Philippines is second of the top exporters of nickel ore  It has resulted in boom to Palawan and other sites of nickel mining.  Its main application is stainless steel and batteries.  EV has pushed up demand for nickel

PHL exports raw nickel (laterite - wet) and imports the processed ore to become stainless steel battery and the like.   

Of late, Indonesia, one of the leading exporters of nickel, and which has banned export of raw nickel ore has been exporting processed nickel, resulting in more value added to Indonesia.  It has partnered with Chinese businessmen for this venture.

Of late though, PHL has seen surge of exports of nickel to Indonesia - up to 500,000 metric tons (thats a lot)

Should we not go by way of Indonesian route - export processed nickel and gain more value added?
President BBM has expressed his direction towards more exports of processed nickel




Questions:

1.  Isnt time for Philippines leave the extractive mineral stage of resource development?  Isnt it time to
     level up economy for more processed value adding activities?

2. Isnt it more favorable for Philippine nickel industry to impose higher tariff or ban exports?   Is nickel      classified and strategic mineral?    In the face of EV alternative for greening program, it is.    Are we 
    content with our present stastus, or should we wisen up?


Saturday, May 13, 2023

EV will kill the ICE automotive industry

Every generation needs a revolution - an entrepreneurial revolution

It has been noted that sales of Internal Combustion Engine vehicles is on the decline.  The finances of General Motor is on the decline.

It could be caused by entry of EV vehicles.   EV from China and Tesla (USA) are on price war making the EV more affordable.   BYD of China has EV of $10k making this more affordable.

The lack of moving parts sees no need for parts and maintenance business making a big dent on the profitable side of ICE manufacturers.  () maintenance)

What is going to the ICE EV industry.?   Are they going to disappear?