Nickel Asia Corp. (NAC), the country’s top nickel producer, reported an almost 60 percent drop in attributable net income to ₱1.52 billion last year from the ₱3.75 billion earned in 2023. In a disclosure to the Philippine Stock Exchange, the firm said this includes a P1.55 billion provision...
The Philippine Nickel Industry Association (PNIA) has expressed its opposition to the proposed ban on exporting raw nickel ore, which is embodied under a Senate bill aiming to modernize the country’s mining fiscal regime. PNIA, the country’s largest group of nickel mining companies, said the...
Global Ferronickel Holdings Inc.’s (FNI) operating arm in Palawan, Ipilan Nickel Corporation (INC), expects to increase exports after reporting an early start to nickel ore shipments to China this year. In a disclosure to the Philippine Stock Exchange, FNI said the MV Maple Unity left the INC...
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),...
Zamora-led mining firm Nickel Asia Corporation (NAC) reported a 30 percent drop in attributable net income to P2.55 billion in the first nine months of 2024 from the P3.65 billion earned during the same period last year due to lower ore prices. In a disclosure to the Philppine Stock Exchange (PSE),...
Nickel Asia Corporation reported a 35 percent drop in attributable net income to P1.12 billion in the first half of 2024 from the P1.75 billion earned during the same period last year due to lower nickel prices. In a disclosure to the Philippine Stock Exchange (PSE), the firm said earnings before...
Nickel Asia Corporation (NAC) reported that its board of directors has appointed former Energy, then Finance, Secretary Jose Isidro N. Camacho as its Chairman following his election as director. In a disclosure to the Philippine Stock Exchange, the firm said James J.K. Hung was also elected as...
Top nickel miner Nickel Asia Corporation of the Zamora family reported that its attributable net income fell 79 percent to P202 million in the first quarter of 2024 from the P970 million reported during the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said...
Beginning this month, employees of Nickel Asia Corporation (NAC) can avail themselves of an electronic vehicle shuttle service for free following the partnership between the natural resource development company and Global Electric Transport (GET). The shift to cleaner forms of transport is...
Mining and power firm Nickel Asia Corp. of the Zamora family saw a 53 percent drop in audited attributable net income to P3.7 billion last year from P7.9 billion in 2022 as nickel ore prices were lower due to the increase in Indonesian nickel production. In a disclosure to the Philippine...
ZURICH, Switzerland (AFP) -- Swiss mining giant Glencore said Monday it is seeking a buyer for its stake in New Caledonian nickel mine and processing plant Koniambo Nickel (KNS) as the industry endures a price slump. Glencore said it "appreciates the efforts of the French government to...
The Philippines raised the potential of a joint nickel and copper collaboration with Indonesia to facilitate the transition to green technologies for sustainable future. Trade and Industry Secretary Alfredo E. Pascual raised this potential at the Joint Philippines-Indonesia Roundtable...
