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20 Mar
03:19

Nickel Asia net income rises marginally in 2022

Philippines mining firm Nickel Asia’s net income for 2022 rose marginally on higher nickel prices, Kallanish notes. The group logged a net income of PHP 7.93 billion ($145.13 million) for 2022, an increase of 1.5% from PHP 7.81 billion reported in 2021. The company’s five operating mines – Cagdianao, Dinapigue, Hinatuan, Rio Tuba, and Taganito – sold a combined 15.94 million wet metric tons (wmt) of nickel ore during the year, a decrease …
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