Business World

DENR lifts suspension on DMCI mining unit

- Vincent Mariel P. Galang

THE government has lifted the suspension of mining operations of DMCI Mining Corp.’s nickel mine in Zambales.

In a disclosure on Thursday, its parent company DMCI Holdings, Inc. said Zambales Diversifie­d Metals Corp. (ZDMC) received the resolution dated Sept. 30 issued by the Department of Environmen­t and Natural Resources on Oct. 9.

“Through said Resolution, DENR has ordered to lift the suspension of ZDMC’s mine operations,” DMCI said.

ZDMC is a nickel mine site in the municipali­ty of Sta. Cruz in Zambales. It covers 8.58% of the total land area with a mineral resource of about 46.45 million metric tons (MT) based on its Annual Mineral Reserve Inventory Report of December 2016.

It was one of the mine sites that were suspended by the DENR in November 2018. Only Berong Nickel Corp. (BNC), another unit of DMCI Mining, passed the mining audit.

As part of the requiremen­ts of DENR, ZDMC has submitted a rehabilita­tion plan in order to resume operations.

The Berong and Zambales mines, two of more than 30 nickel-ore producers in the Philippine­s, in recent years accounted for less than 5% of the nation’s output of the material, which is used in stainless steel and electric vehicle batteries.

Top nickel ore buyer China is expected to rely on the Philippine­s, the world’s second-largest ore producer in 2018, for supply that will replace ore shipments from last year’s top producer Indonesia, which is due to ban its ore exports in 2020. —

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