DMCI Mining and NAC announce strategic collaboration for nickel processing plant study

Philippines-based DMCI Mining Corporation and Nickel Asia Corporation signed a Memorandum of Understanding on March 4, 2025, to assess the feasibility of a nickel processing plant. This collaboration aims to enhance the country’s nickel processing capabilities, create jobs, and promote sustainable mineral resource management. Over the next 2-3 years, they will explore suitable technology and secure a steady supply of nickel ore. Their efforts come amidst global oversupply concerns but are driven by the rising demand in electric vehicle and stainless-steel markets.