Century Peak Metals Holdings Corp.’s nickel smelting subsidiary is one step closer to establishing operations in an industrial park in Leyte, Philippines. Century Hua Guang Smelting Inc. (CHGSI) has received a certificate of noncoverage from the Environmental Management Bureau’s Leyte office. The cerification of noncoverage exempts CHGSI from having to secure an environmental compliance certificate or ECC for its activities on the site. The certificate was for ground breaking and ground preparation work for the subsequent construction of its smelting plant at the Leyte Industrial Development Estate in Isabel. The plant will produce nickel pig iron. The plant is being built as a joint venture with the owners of Zheijiang Hua Guang, one of China’s nickel pig iron producers. The company operates six smelting plants in various provinces in China. The plant construction will be funded by Century Peak’s investment agreement with a UK-based group.
