Nickel Asia exploring Davao mining deal

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Nickel Asia exploring Davao mining deal
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Mining company Nickel Asia Corp. is interested in exploring mineral resources and developing a mineral processing plant in Davao. | jordeenelagare /PDI

An HPAL extracts nickel and cobalt from laterite ore bodies.

Subsequently, Austral-Asia’s MPSA No. 197-2004-XI is spanning 5,000 hectares in Mati and Governor Generoso, also in Davao Oriental.Sharing agreement Nickel Asia, which operates various mine sites through its subsidiaries, reported a first-semester net income of P3.83 billion in 2022, an increment of 41 percent primarily on the back of higher nickel ore prices.

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