The Commission on Appointments on Wednesday rejected the appointment of Lopez as secretary of the Philippine Department of Environment and Natural Resources (DENR) following three confirmation hearings, according to local media reports
Philippine president Rodrigo Duterte had reinstated Lopez as secretary of the DENR
in March. However, the reappointment was subject to the confirmation of the CA.
Nickel prices fell heavily in response to the news, announced at approximately 7am London time.
The London Metal Exchange three-month nickel price stood at $9,415 per tonne at 7:37am,...