Value adding is real business: paper shuffling is not

Every generation needs a revolution - an entrepreneurial revolution

Many of so called business and livelihood are merely tong pats, and products of speculation.  Ie buy low sell high and does nothing to increase the value of the product for himself and the humanity.  While there are groups that get wealthy onf:  stock and fx trading, crypto, land banking   they dont do much to improve lot of humanity.

Hats off to those:

    1.  Grow food on the farms,

    2   Produce goods:    industrial or retail,

    3.  Treat sick people

    4.  Build and construct homes and building, build roads and bridges

    5.  Produce electricity and water, 

    6.  Transport people and goods.

But I would posit to guess that 50% of businessman makes margin on trade, lending money, 

speculation and the like.   

That is why I left banking and did not try to go into trading goods or currency, financial instruments

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

PBBM directs more processed nickel for exports

PHL exports of nickel to Indonesia rises

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?