Business News Asia reported that Philippines second-largest nickel ore producer Global Ferronickel Holdings Inc is scheduled to commence the construction of a USD 50 million Rebar Steel Rolling Plant in Mariveles in Bataan province on the Philippine Island of Luzon. Once commercial operations are underway in 2022, the facility is estimated to have an annual output of 600,000 tons of steel bars.

Global Ferronickel Holdings wanted to begin construction this year but it has been delayed due to the pandemic, specifically the imposed travel restrictions on technical experts are based abroad

Source : Business News Asia