Zamora-led Nickel Asia Corporation (NAC) is planning to divest its stake in Coral Bay Nickel Corporation (CBNC), one of the world’s largest producers of nickel and cobalt, in favor of strategic partner Sumitomo Metal Mining Co., Ltd (SMM). In a disclosure to the Philippine Stock Exchange (PSE),...
Nickel Asia Corp. (NAC), the Philippines’ lone nickel mining company with processing plants in partnership with Sumitomo Metal Mining Co., Ltd., is weighing further opportunities in the electric vehicle industry as government is strongly pushing for the country’s participation in the...