The US and Philippines Plan to Cut China's Dominance in Nickel
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- เผยแพร่เมื่อ 2 พ.ค. 2024
- The Philippines are the world's number two producer of nickel, and hope to move down the supply chain by developing a domestic industry for refining. But they lack the technical expertise, and the financial capital, to do so.
The United States is hopeful to blunt China's superiority in nickel mining and refining. Global producers of nickel are failing, as they struggle to produce nickel at prices competitive with Chinese output, especially from China's investments in Indonesia. However, demand for nickel will continue to rise, strongly, through the end of this decade and beyond.
The US has proposed to finance the project in the Philippines, which would also require a third-party country to contribute engineering expertise. However, sober-minded analysts realize that if refiners across the world are failing to compete with China and are seeking government bailouts of their own, then the US investments in a nascent industry in the Philippines will similarly fail.
Resources and links:
US, Philippines Eye Agreement to Cut China Nickel Dominance
www.bloomberg.com/news/articl... - วิทยาศาสตร์และเทคโนโลยี
There's no end to Philippines making bad decisions....very sad.
Marcos family's ill-gotten assets are under threat of freeze and seizure by the empire. Marcos has to cooperate or else.
If the US and its lab dogs are willing to foot the bills and provide the expertise and for ever subsidized the Philippines dream. If I were the Philippines I would take whatever I can and as long as I can.
It's just mirroring what is happening on the other side of the ocean. Corrupt elites are making decisions which hurt the country. Sounds familiar?
@@stvdmc2011 they will request Philippine's government to guarantee whatever investment, at the end it's Philippine's ordinary people will suffer if failed
The US politicians and US Elites and Oligarchs simply BRIBE the Philippine Politicians and Influential Filipino People like celebrities, elites and oligarchs. The minority Filipino Rich, Elites and Oligarchs earn all the big money from Bribes, Money Laundering, Corruption and the majority of the Filipino working class and the poor suffer in the society.
Pino having false hope
They should learn from their Bataab power plant lesson.
False hope plus wet dream.
they're fast becoming Endians of ASEAN.
And not white enough
@@mchammer3927 the younger generation never experienced the harsh reality of colonial rule. Duterte doesn't forget.
Some politicians in the Philippines are as clueless as ever.
😂😂😂 give me give me those are Phil politicians
Not just the politicians...
A few days ago I saw a video on TH-cam, saying that Elon Musk will invest billions of dollars in the Philippines to help the country develop renewable energy and electric vehicle industry, generate thousands of jobs and transform the Philippines into a developed economy and a major power in the Pacific Region. All thanks to the great jobs of current President Bongbong Marcos. 😅
Watch a Japanese comedy show, and it showed a Japanese tourist being ask for money at the airport by phil. Security. Why, they showed a planted bullet in their bag so money or else.
the Philippines has most dual citizenship in Asia, Taiwan is second. Taiwan is also the second biggest scam capital, after India.
US always shows up during election year.
And did nothing😅
@@blackknight4996 The Americans are always promised and never kept.
US to help someone is oxymoron. US to lend money means if Philippine will have to pay back if they lose money by selling their mines. And pollution will be in Philippine.
the Philippines wants to partner with a country that steals Syrian oil as partner? LOL
US government experts don’t know
Nickel is not just for batteries
It is an alloy in jet engines. Hot caustic lye, sodium hydroxide, needs pumps made from pure nickel. This means nickel is needed to produce both PVC pipes for clean water and aluminum
In China I use vacuum foundries built to pour titanium castings to pour nickel parts. Molten nickel reacts with atmospheric moisture to scar the metal surface.
China makes beautiful nickel castings
No way a start-up in the Philippines can match China’s quality
"US government EXPERTS don’t know" that's an understatement 🤣🤣🤣🤣🤣
Or phils doesn't possess a stable and low cost energy source to be able to industrialise. Not enough brain power to do this either.
Remember, US is led mostly by lawyers who don't understand much except maybe one side has more of something than the other side. China and many East Asian countries are led by trained engineers like Xi Jinpeng and many in the Politburo. They understand technology and technical things like supply chains in ways the American politicians don't.
Philippines building castles on a wet dream . Somewhat similar to their friend India who's counting chickens before they are hatched.
yes, exactly
They may start claiming they are a superpower like India because they are closer to their former white colonial masters than China. Who cares if they lack infrastructure to support industry and manufacturing, they are a superpower better than China because the West says so. Oh and they speak English better than many Chinese like the Indian Brahmins are so proud of.
@@KendanNYC look at china that built thousands of castles...what now? who will occupy those buildings
The US talks.
China work on it.
The Philippines sat on uncle Sam's lap and listened to the Bsh. 😁😁😁😁
Bsh = Beautiful, Sexy, and Handsome?
"To be an enemy of the US is dangerous, but to be a friend is fatal."
I hope Philippines **really** knows what they are doing.
I hope they don't.
B0ng,B0ng kn ow s bu t is d esp er ate to g et hi s ha nds on t ho se s to len f unds de ad da d dy le ft tha t U nit ed S na,kes is h ol di ng.
@@daymay1066he forgot he had to paid for his dad's return to PHP
And to be the citizen of a Nation ruled by a puppet government is the worst.
YAWN.......... *that is posted SOOOOOOOOOOOOOOOOO OFTEN THAT IT IS BEYOND REPITITIOUS NOW......*
Indonesia banned the export of raw nickel last year, so China shifted processing to Indonesia since they have the capital and efficient processing knowledge. Jokowi spearheaded the Chinese investment program and it will continue under Subianto. Bongbong is smoking some good stuff if he thinks the US will do the same for the Philippines...🤣
Bongbong is not smoking he is sniffing good stuff, by the he's just a puppet, the first lady is the real president, she wrecking havoc to the philippines, so sad for my country, president Duterte is the best elected philippine president ever.
Bongbong Morcos Jr. has big pipe dream.
Bongbong isn't even smart enough to smoke any good stuff. He just listens mindlessly to his master's commands.
@@blcheah2672 Bongbong Marcos Jr. is blindly followed the U S, the U S always promises and they never keep.
The US doesn’t even have the refining tech themselves, how could they help them? Starting from scratch?
Philippines officials like to give speeches, take photos and see their names in the papers .... nothing less than the truths.
😂😂For the last few years, US has been goingvaround Global South countries, making all sorts of "investments promises". None has materialised. This "promise" to the philippines is no different..The US goes around handing out photos of cakes and say, the real cake is coming. Meanwhile, China is already distributing cakes.
the world's biggest debtor to come up with real money is pie in the sky.
Cake photos are good for elections and power+money grabs.
the Philippines wants to partner with a country that steals Syrian oil as partner?
The US is led mostly by lawyers who don't understand much except maybe one side has more of something than the other side. China and many East Asian countries are led by trained engineers like Xi Jinpeng and many in the Politburo. They understand technology and technical things like supply chains in ways the American politicians don't.
Its the Philippines and the US, i mean cmon.... a cleaning technique to polish nickel, yeah, processing nickel... that's way above the league of both countries
It is not easy to do business in the Philippines. Even the Chinese had problems with the former Duterte government.
just like "rare earth" where Australian companies admit, that currently only China can process at low cost and a lot of human resources to make these raw materials into "magnets" of various sizes,,, which are needed by all industries (cellphones, audio, car, etc.)...
澳大利亚没有重稀土
因此 澳大利亚成不了气候
Australia didn't want to process rare earth as it is a very toxic chemical.
Beautiful Guilin in the sign off video. It probably makes more sense for the Philippines to work with China to further monetize their nickel resources. Peace leads to more wealth for both parties.
Democracies are inheritly unstable. Every 4yrs a new clown comes in and undoes the policies of the previous clown. So it's better to not deal with them
the empire has Marcos balls in a tight grip.
The US would loan the money that they borrow from China. LMFAO..
Those clowns 😂
Good point.
Many countries have money but only few can handle the project.
The US and Philippines Plan to Cut China's Dominance in Nickel - BIGGEST laugh of the day 🤣🤣🤣🤣🤣🤣🤣🤣🤣
Yay !, more smoky mountains for the Philippines.
Learn from successful people and you will catch up effectively and succeed too. Sad that most Filipinos never learn. The smart one already left long time ago.
The us should talk about these kinds of debt traps .
Loves to talk big but ends up with making all the wrong choices. And still poor as always.
Yes, I'm talking about you Philippines.
🤣🤣🤣
I thought little D-boi's country
Client /prostitute relationship as someone summed it up so accurately!
The Philippines is famous for that. Historically and literally.
Phils just bends over for uncle sam.
Apple iphone assembled in India is a losing proposition because only half passed quality control and Foxconn paid for the mistakes. the empire didn't get its rare earth processing online, and now turned to nickel.
the empire shows it can walk and chew gum at the same time.
India will be a superpower in 2024!
@@user-ed7rz7nl5i yeah sure 😂
@user-ed7rz7nl5i
How dare you? They are already one since 1947...
Mixing politics with business has never been a good formula for success for most players. The exception is US where business is shaped by politics with military might. This defines the explosive growth of China economy. Forced by unyielding US, China has become more assertive only in recent years with open display of economic prowess and military build up.
Today China has huge capital in trillions of US$, a large pool of talents especially in science and technology, the world largest market and an unmatched supply chain enabling low production cost few can compete. With clever negotiation China can be the most readily investment partner for Philippines. It is regrettable that Philippines chooses geo politics to be a pawn of US anti China postures over its immediate economic interest.
The US is led mostly by lawyers who don't understand much except maybe one side has more of something than the other side. China and many East Asian countries are led by trained engineers like Xi Jinpeng and many in the Politburo. They understand technology and technical things like supply chains in ways the American politicians don't.
How is it that the Philippines is the second largest producer of nickel and it needs money to refine it? According to Statista, Indonesia has the world's largest nickel reserves at 55 million metric tons, Australia is second at 24 MMT, Brazil is third at 16 MMT, Russia is fourth at 8.3 MMT, New Caledonia is fifth at 7.1 MMT, Philippines is sixth at 4.8 MMT, and China is seventh at 4.2 MMT, Canada is eight at 2.2 MMT, and the US is ninth at 0.34 MMT. Wikipedia says that Indonesia produces 1,600,000 tons per year and the Philippines 330 tons per year. If the Philippine reserves are 4.8 MMT and it is producing 330 MMT per year, it will exhausts its reserves in about 12 years. I gotta think that's some kind of stupid investment by the US or again just a political ploy by the US.
The Philippines is crazy to think the US will bankroll it when it can support Australia which has five times as much reserves as the Philippines. For China, Indonesia, Brazil, and Russia stand out as favoring China and Brazil and Russia are members of BRICS. Indonesia may become a BRICS member. It is obvious, the US has zero nickel so must import it from whomever. If China is the largest refiner of nickel, again another mineral the Chinese can restrict to the US and the US will suffer.
Interestingly in 2021, "According to the publisher's analysis, China's major sources of nickel ore imports by import volume are the Philippines, New Caledonia and Indonesia. Among them, the Philippines is China's largest source of nickel ore imports. 2021, China imports 39.01.Jan 3, 2023" (Business Wire)
Also interesting info from the OEC: "United States imports Raw Nickel primarily from: Canada ($1.04B), Norway ($331M), Russia ($267M), Australia ($258M), and Finland ($200M). The fastest growing import markets in Raw Nickel for United States between 2021 and 2022 were Canada ($259M), Russia ($182M), and Norway ($157M).'( OEC). So why would the US want nickel from the Philippines?
it's a trap, and Philippines must obey, because it is essentially a US vassal state, there are 4 US military base there if i remember correctly
Marcos Jr. has billions which his parents embezzled from the Philippines and now is the time to return those funds to help the Philippines.
that won't happen!
LOLS..delusional..
@@yunko9369 Why not? It belongs to the Philippines and must be returned to its rightful owner.
Now every piece of American weapon the Philippines buy from the US, 10% commission fee or kickbacks will go to Marcos Jr. bank account in New York.
@@catinbootsnow4267 In this case, the Philippines is in deep shit; it's finished!
Some of us old guys call such hopes "P" in the wind and dancing to avoid the blowback.' No fun for those downwind.
The emergence of Indonesia as a world leader in nickel is staggering. It started with an inexpensive Chinese product innovation called nickel pig iron for the stainless industry and was followed by a policy of adding local value with which China complied. Smelter products were upgraded to battery chemicals by constructing installations in half the time and at less than half the cost of western equivalents. The use of COAL is a big factor in the production economics and the west needs to start a real discussion about how their green policies are speedily transferring wealth and industrial dominance to the East.
Wow someone who actually knows. I was about to comment about this. Nickel Pig Iron developed by the Chinese is the reason why Nickel ore in Indonesia and Philippines became valuable. The ID and PH ore is
It’s been said that there are three categories of nations in this world - the developed countries and developing countries. And then there is Argentina. Obviously, that’s no compliment to Argentina. The Philippines is in the same category in my estimation - a country that drove the Marcos family to exile for being corrupt and crooked to the core is now embracing the Marcos again like royalties.
Helpless!
when the goal is near impossible, then u know it's another kickback scheme that goes nowhere but the pockets of those who proposed them
At the end of the day, China has vertical supply needs for all sorts of products. The most efficient production line is where a by-product of one process (which is usually a waste) is useful at another point. When so many industries are efficiently located within a vast network, the “waste” is often beneficial and not so costly to transform into a useful resource.. It is why German business like BASF has moved to China. it would be hard to feasibly justify stand alone operations….in the Philippines. Scale, volume and depth of production and needs entangled into an efficient web like MADE IN CHINA means, it often can deliver profit at a lower price point than competing nations. Add oil China! None of this would have been successful or possible without the CCP’s active long term strategic decision making and the hard work and ingenuity of the Chinese people!! Well done!!!
Sure …….. dream on
when talking about cut cost, nobody can do better than the chinese. their workers work hard and demand lesser, their gov do help them to source raw material at extremely low cost at extremely large quantity, like world 50%. they have long term plans that many other countries unable to do, their current achievements are result from the long term plans since 2--4 decades ago. their current "belt and road initiative" is another long term plan for the next generation.
I have to agree with you Kevin
Name any industry that Philippines 🇵🇭 does better than China. I can’t think of any.
Have you been to night clubs in Manila? Quezon City?
@@donkruuz3903 oooohhh...I was about to say the same thing myself...
China will be the one ending up helping the Philippines. 😂
US to Philippines: don't take Chinese investments, thats debt trap - we will help you!
The US proceed with begging for loans from China to lend the Philippines 🤦♂️
I sure as hell hope not!
Empty promises by the US and keep dreaming Philippines.
I’m getting to like your selections of sign out scenery as much as your perspective on things.
Thanks to China's belt and road, China built smelters near Nickel Ore mines in Indonesia which significantly reduce cost.
US should do everything in Philippines . Build, Own and Operate. 😂
recolonized the Philippines?
Operate brothels
It will also pollute .
only military bases
No. They Occupy. Do keep up.
The Philippines can't even afford a decent airport with proper working air-conditioning. What more grandiose ideas such as this.
Birds of a feather flock together. This will fail fantastically!
After refinement, the largest battery producer is still China, why should China buy more expensive Philippine nickel
the empire of lies always has a plan. LOL
Even if they can refine it at high cost the quality will not be enough for high technology such as battery and jet engine blades . Poor quality nickel cam be used to make coins but it is not used anymore.
In the 1980's Canada was a leading miner and processor of Nickel. Some how people could not develop it further and most of it was sold to Vale. It is a challenge to be a leader in the Nickel industry.
If Philippines were a BRI country, it would have gotten financing, engineering knowhow and infrastructure support from China already. Relying on others to do your heavy lifting is fool's errand.
The flips have been smoking too much bad American weed
The philippines smoke too much bong and they get high in their own bubble. The boundary between reality and fantasy gets blurred, and for them they are the same 😂
sounds like a good spot for a holiday
The Philippines 🇵🇭 🐊 🦈 🐍 😃👋
Seus videos são de ótimos conteudos e as imagens finais são lindas.
Seriously the Philippines ? ...LoL
I am glad that the US will finance this nickel and spend more to drown itself faster of more debt
Another reason Blinken must be working hard in social media and by other means to install an obedient pro US government in Indonesia, just like he did in the Philippines
Most likely it will be non aligned policy still if not tend to being more friendly towards China.
Indonesian poliicians will be idiots to be pro US with all that's happening in Gaza right now.
Just don't understand why Marcos is elected by the people knowingly his background.
It only proves 1 thing : their people are still mostly un-educated, clueless about politics. Politicians know this and manipulate them by simply giving promises , and throwing some coins to them.|
He was placed there by the murcans.
So they can surround china with bases in sk, jap and phils.
When politicians talk of managing business you knew it be a disaster
Marco JR is doing this for his own family fortunes, he will profit from it regardless! “Watch out” friends of the Philippines people!
There are so many things that the USA wishes to achieve, yet only wishing.
True. The US is led mostly by lawyers who don't understand much except maybe one side has more of something than the other side. China and many East Asian countries are led by trained engineers like Xi Jinpeng and many in the Politburo. They understand technology and technical things like supply chains in ways the American politicians don't.
You just wonder if the American politicians really believe in capitalism. In recent years, there are so many anti-market moves that backfires. Better to do what you preach.
They believe in master-serf economics. This is not real capitalism.
The US is led mostly by lawyers who don't understand much except maybe one side has more of something than the other side. China and many East Asian countries are led by trained engineers like Xi Jinpeng and many in the Politburo. They understand technology and technical things like supply chains in ways the American politicians don't.
Politicians are very limited in their knowledge about how things actually work in business.
True. The US is led mostly by lawyers who don't understand much except maybe one side has more of something than the other side. China and many East Asian countries are led by trained engineers like Xi Jinpeng and many in the Politburo. They understand technology and technical things like supply chains in ways the American politicians don't.
What happened to build back better world?
They can send their durians to the US.
what is being said in the background as you play your signoff videos?
It sounds like he is praying.
Sorry Chinese batteries have very little nickle. They have moved on to LFP batteries lithium ferrous phosphate. Maybe with some sulphur doping.
Just a thought if the situation was reversed and China is at the mercy of the US over nickel Capitol Hill would have long sanctioned China over nickel insisting on China obeying its dictates. I don’t think China’s original intent was to have a monopoly in anything but to be independent, self reliant and resilient not dependant on anyone. This situation of monopoly was resulted the the US and the west having a too shallow horizon for planning its economy and future technologies. I am sure that China will still get blamed for this situation cest la vie😳
The US is led mostly by lawyers who don't understand much except maybe one side has more of something than the other side. China and many East Asian countries are led by trained engineers like Xi Jinpeng and many in the Politburo. They understand technology and technical things like supply chains in ways the American politicians don't.
Nickel processing is energy intensive. Phillipines has problems with electricity supply
I didn't read this news in the Philippines
the point is ender user, who will buy from pino?
I don't know where Kevin takes his sign off videos, but, they're breathtaking.
Guilin, Guangxi province..
@@blackknight4996 Are these shots he took himself or found out in the Internet?
@@walid7885
Internet... plenty of photos
Bongbong is the sound of empty drums.
China control nickle bad
American control chip technology good lol.
be good
Foreign companies like CEMEX and Coca-Cola are exiting the Philippines by selling their operations. Other industries like sugar are closing their once dominant market position and now the Philippines will be importing sugar (on top of rice). The Philippines used to have a steel mill (Iligan Steel Mill), but it closed decades ago. Most companies in Philippines are Chinese subsidiaries (like Philsteel) and the Philippine politicians sell their power to the highest Chinese bidder. The US should not waste time trying to help the Philippines build anything as they cannot maintain it and all the local expertise has gone to other countries for higher wages...
It's weird how the price of nickel did an almighty spike just before the financial crash of 2008. Does anyone know why?
The US has many many proposal to compete with China in every field. They have to priorties because they, even they, have limited capital.
1:19 but the hiccup here is that such a project is guaranteed to lose money - end of story... unless uncle sam willing to print more money.
No. 2 in the world but the Philippines's annual production of nickel is approximately 350,000 metric tons -- one fifth of Indonesia's (1.7 million metric tons). Perhaps the U.S. should honor its promise of $100 billion aid package and helps the Philippines as much as it can and as soon as it can before the Philippine economy withers before their eyes. Have some sympathy for your former colony, please U.S.A.!
It is one type of battery, there are more already commercially available as anodes and new technology coming. Li is much lighter and greater density so nickel can replace Li when weight and size is not an constraint say for large battery storage peeler plants. But then so can sodium and carbon and a number of others that are cheaper due to greater availability
Process economics shows if you built a plant to process the ores , the larger the plant is the larger the capital investment will be the processed Nickel total manufacturing Cost will be lower. This cost will be far more competitive. Philippines can built a processing plant but the ore is not sufficient enough to produce large scale and remain competitive. The rule of thumb is larger capital investment ( which no capital is available at this time ) smaller ores available to keep the price lower and competitive.
The processed Nickel has to going into the market at a lower price point then the existing product, which must also bear an acceptable ROI for financiers (the real catch).
Any nation, down to any individual on earth can start any business so as to compete and make profit in any market, provided that required resources are available in the first place.
Is ok to dream. But there are realistic dream and fantasy dream.
US affiliated companies can buy processed nickel from US producers. Where is the problem in that?
now where the market?
There are lots of other source for nickel.
use the money marcos Sr stashed away in the US. or is that supposed to pay for weapons? 😂
I hope the US funds this ridiculous plan because it's bound to lose money. Nickel in the Philippines is low quality and not suitable for EV batteries. They're mostly used to make stainless steel. The only country with the technology to refine that nickel for EVs is China. The Philippines looks like some country in Africa exporting iron or copper, no value add.
The US and my country? Stop CHINA? LOL😊😊😊😊😊😊
Every part of the world has its own ‘Ukraine’,
✌️✌️✌️✌️✌️
Australia dominates the iron ore productions and rices.
Well they better go after Russia’s nickel too and the USA better worry about Russia cutting off nickel exports to the USA
The last country you want to partner with in economics is the phillipines. 😂😂😂
1
China sends a fishing boat, the Pinoys send their navy and still fail, what are they going to send when China just sends it's coast guard ? ...LoL
Ah yes and little-India will replace China too.
Hollywood movies?
Or Bollywood movie?
As usual, US is just all bark and no bite… just see what is happening to the US led Build Back Better project to counter China’s belt & road initiative 🤣🤣🤣
The US is led mostly by lawyers who don't understand much except maybe one side has more of something than the other side. China and many East Asian countries are led by trained engineers like Xi Jinpeng and many in the Politburo. They understand technology and technical things like supply chains in ways the American politicians don't.
0:25 "...USA try to figure out how to help (PH)..."
0:36 :...But the problem is money (profit)..."
1:05 "US would provide financing...a third country (Japan, Sokor, Australia) would offer the technology . . . "
If Japan, Sokor, Australia is making money processing Nickel, they should be the one doing this.
Simply put: USA will screw PH, by forcing PH into an unprofitable business venture, and sink PH into debt trap.
NOTE: PH eastern regions are rich in Chromium and Nickel. Gold and Uranium can also be found but not in high quantity.
Why would China refuse to sell nickel? Why would China refuse to sell *_anything?_*
Just treat China with respect and all will be well.