Tag: Philippines
New nickel plant in Philippines
Nickel Asia Corporation (NAC), together with its partners including Sumitomo Metal Mining (SMM), will invest USD 1.4 billion to build a second nickel plant in the Philippines. Construction is currently underway and the new plant will start production in mid 2013. NAC has a 22.5% stake in the new project, while SMM has a 55% stake.
KSSC to build new facilities
K SENG Seng Corporation (KSSC) will build new facilities to process and sell a new line of stainless steel tubes and pipes for the Southeast Asian market, particularly the Philippine's automotive industry.
Jinchuan interest in Nonoc nickel mines
China's Jinchuan Group Ltd has renewed its interest in investing as much as USD 1.5 billion in the rehabilitation of the Nonoc nickel mines in Surigao province of the Philippines. It is reported that the company would likewise pursue other mining
The Philippines: Taganito nickel project a go
Sumitomo Metal Mining Co. Ltd has announced that it has reached a decision to proceed with a project to produce nickel cobalt mixed sulfide in Taganito, the NE region of Mindanao Island in the Philippines.
Jatropha-based biofuels project
The Philippine state-owned company PNOC-Alternative Fuels Corp. (Manila) has signed a USD 1.3 billion contract with UK-based NRG Chemical Engineering to build a biodiesel refinery and two ethanol plants in the Philippines.
Philippines hydro power plant
The Philippines' Negros Island, comprising Occidental and Oriental Negros, will develop its own 54.5 megawatt hydro-electric power plant in the next five years.
