Businessweek

Nickel Asia Corporation, a nickel mining company, engages in the mining of various ore, metals, and minerals in the Philippines. The company operates four lateritic nickel mines, including Rio Tuba, Taganaan, Taganito, and Cagdianao mines, which are located in the southern half of the Philippines. The company produces and supplies lateritic nickel ore, limonite ore, and saprolite ore to ferronickel producers in Japan, and the Chinese trading and steel producing companies, as well as to the refiners of copper, gold, nickel, and zinc. It also provides limestone and contractual services to Coral Bay Nickel Corporation. As of December 31, 2012, the company had proved and probable saprolite ore reserves of 119.1 million wet metric tons (WMT) with an average grade of 1.50% nickel; and proved and probable limonite ore reserves of 249.0 million WMT with an average grade of 1.11% nickel. Nickel Asia Corporation was founded in 1977 and is based in Makati City, the Philippines.