Stating that the Philippines is the world’s largest exporter of nickel ore, with exports worth $1.95 billion primarily used in lithium-ion battery production, Manalo said that currently, 98% of the country’s nickel exports go to China, while the remaining 2% go to Japan. He invited India to become an active player in the Philippines’ nickel sector for export diversification, as well as for processing and the development of a value chain.
