Nickel Asia Corp - Company Profile
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Business Description
Nickel Asia Corp (NAC) is a producer of lateritic nickel ore. The company carries out mining and exploration of nickel saprolite and limonite ore. Its ore is used in the production of ferronickel and nickel pig iron (NPI), which is used in the production of stainless steel. NAC operates six mines, including the Rio Tuba mine operated by Rio Tuba Nickel Mining Corporation (RTN); the Taganito mine operated by Taganito Mining Corporation (TMC); the Tagana-an mine, Surigao del Norte and Manicani mine operated by Hinatuan Mining Corporation (HMC); the Cagdianao mine operated by Cagdianao Mining Corporation (CMC); and the Dinapigue mine operated by Dinapigue Mining Corporation (DMC). These mines export saprolite and limonite ore.
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Business Segments
Overview
Carries out mining and exploration of nickel saprolite, limonite ore, quarry materials and limestone. Further classified based on operating subsidiaries: HMC, CMC, TMC, DMC, and RTN. HMC (Hinatuan Mining Corporation), also known as the Taganaan Nickel Project, is located in Barangay Talavera. Exports saprolite and limonite ore. CMC (Cagdianao Mining Corporation) is located in the municipality of Cagdianao, on the Northeastern side of the Dinagat Islands. Exports saprolite and limonite ore. TMC (Taganito Mining Corporation) is located in Barangay Taganito. DMC (Dinapigue Mining Corporation) engages in the exploration, exploitation, and mining of metallic and non-metallic minerals. RTN (Rio Tuba Nickel) develops nickel ore deposits.
Performance
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Overview
Involved in power generation and exploration of geothermal resources. Includes EPI and Nickel Asia Corporation (NAC). Operates through EPI (Emerging Power Inc), engaged in the renewable energy business.
Performance
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Overview
Involved in the hiring of LCT (Landing Craft Transport), construction and rendering of services to CBNC, THNC, and other parties. Includes RTN/TMC/CDTN, HMC and others.
Performance
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Geographical Segments
Performance
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Performance
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Performance
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Performance
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