Japanese trading house Mitsui & Co said that it will join a USD 1.3 billion nickel project that Sumitomo Metal Mining Co Limited is developing in Claver, Surigao del Norte, Philippines.
It may be recalled that Sumitomo Metal Mining, Japan's top nickel producer, said in September 2009 that it would start commercial operations at the 30,000 tonne a year Taganito nickel plant in August 2013 with plans to keep it running for 30 years.
Mitsui said that it would take a 15% stake in Taganito HPAL Nickel Corporation, which is developing the project, to help fuel its expansion in the nickel business. Sumitomo Metal Mining will see its stake fall to 62.5% from 100%.
Nickel Asia Corporation, Philippine's leading nickel mining firm, will own 22.5%. Sumitomo has said the project would help it achieve total nickel output of 100,000 tonnes in 2013, up from 65,000 tonnes currently. (reuters)
Home »
Claver
,
Mining
,
reuters
,
Surigao del Norte
» Mitsui to take a 15pct stake in Taganito HPAL Nickel Corp
Mitsui to take a 15pct stake in Taganito HPAL Nickel Corp
Social Profiles
Popular Posts
-
Top Five Delicacies from Surigao By Ann Joy Perez Surigao is the capital of Surigao del Norte province. Known as the “City of Island Ad... -
Photo credit: cosmo . ph By Jobert Sucaldito Bandera WE’RE finally back sa Manila. Kahapon pa actually kami dumating nina Pilar ...
-
Former Cong. Guillermo "Jun" Romarate SURIGAO CITY - Preside nt Rodrigo Duterte named former Surigao del No...
Featured
The exciting lineup: 39th Bonok-Bonok Maradjaw Karajaw Festival Contingents Revealed!
Are you ready to be swept off your feet by an explosion of color, rhythm, and culture? The 39th Bonok-Bonok Maradjaw Karajaw Festival is jus...
Ads
Post your ADS here
Featured
Contact Us
About Us
Your news and information authority
Categories
- Politics Province of Dinagat Islands Surigao City Surigao del Norte Karaga News Central Feature Supreme Court (1)
- 2010 Election (57)
- A(H1N1) (3)
- About Siargao (1)
- ABS-CBNNEWS.COM (39)
- Academe (1)
- ADS (2)
- AFP (10)
- Agence France-Presse (1)
- Agriculture (4)
- Agusan del Norte (44)
- Agusan del Sur (30)
- Agusan-Surigao Enquirer (18)
- Air Philippines (11)
- Alegria (17)
- Announcement (1)
- Aquino (9)
- Army (9)
- Bacuag (18)
- Barbers (123)
- Basilisa (7)
- Bayugan (3)
- BFAD (1)
- BFAR (5)
- BFP (12)
- Billabong (3)
- Bislig (1)
- BJMP (6)
- Bombo Radyo (3)
- Bonok-bonok (13)
- Bucas Grande Island (5)
- Bulatlat.com (1)
- Burgos (6)
- Business (1)
- Business Mirror (21)
- BusinessWorld (44)
- but (1)
- Butuan City (35)
- Butuan Star (3)
- CAAP (4)
- Cabadbaran (3)
- Cagdianao (4)
- Caraga (99)
- Caraga Aksyon Balita (5)
- Casurra (50)
- Catre (9)
- CBCPNews (1)
- Cebu City (20)
- Cebu Daily News (11)
- Cebu Ferries (2)
- Cebu Pacific (44)
- Cebuano (46)
- Channel News Asia (1)
- CIDG (3)
- Claver (67)
- Climate Change (4)
- COA (1)
- Coast Guard (9)
- COMELEC (37)
- Commentary (1)
- DA (3)
- Daily Tribune (1)
- Dapa (42)
- DAR (5)
- DBM (1)
- Del Carmen (28)
- DENR (18)
- DepEd (28)
- DFA (1)
- DILG (14)
- Dinagat (23)
- DOF (3)
- DOH (24)
- DOLE (14)
- DOST (2)
- DOT (6)
- DOTC (4)
- DOTr (2)
- DPWH (20)
- DSWD (14)
- DTI (9)
- EARTHtimes.org (1)
- Ecleo (80)
- Editorial (1)
- Egay (9)
- Election (10)
- EMB (1)
- Energy Crisis (5)
- Escudero (1)
- Estrada (1)
- Exchange Links (1)
- Extra (1)
- Feature (495)
- Festival (1)
- Food (3)
- Gamefishing (5)
- Gen. Luna (45)
- Gigaquit (13)
- Globalpinoy.com (1)
- GMAnews.tv (70)
- GSIS (2)
- Health (8)
- Illegal Drugs (18)
- Inquirer.Net (66)
- Interaksyon (2)
- Island Post (2)
- Jaycees (1)
- Jobs (8)
- Joke (3)
- Journal Online (2)
- Karaga News Central (10)
- KMU (1)
- Lake Mainit (17)
- Lantawan (4)
- Liberal Party (3)
- Libjo (13)
- Lifestyle (3)
- LMDA (6)
- Local News (6)
- Loreto (9)
- LTO (2)
- Mainit (27)
- Malaya (3)
- Malimono (16)
- Mamanwa (15)
- Manila Bulletin (56)
- Manila Standard (14)
- Manila Times (9)
- Manobo (1)
- MARINA (1)
- Matugas (218)
- Media (4)
- Media Affairs Office (7)
- MGB (25)
- migration (1)
- Mindanao Goldstar Daily (5)
- Mindanao Times (1)
- Mindanao.com (13)
- MindaNews (39)
- Mining (113)
- Mining Week (1)
- National News (21)
- Navarro (3)
- Navy (1)
- NCIP (9)
- NEDA (4)
- news (3)
- Newsbreak (5)
- newsflash (2)
- NFA (7)
- NGCP (6)
- Northern Mindanao Chronicle (1)
- NPA (23)
- NSO (1)
- OCD (4)
- OFW (1)
- ofwbalita.com (2)
- Ombudsman (2)
- OPS (3)
- OWWA (7)
- Pacquiao (1)
- PAGASA (7)
- PBMA (8)
- PCOO (1)
- PCSO (3)
- PDEA (10)
- peace and order (2)
- PEMO (1)
- PEP.ph (1)
- PGMA (13)
- PGO-Media Affairs Office (40)
- PHILHEALTH (1)
- Philippine Airlines (2)
- Philippine Star (27)
- philstar (5)
- PHIVOLCS (18)
- Photos (128)
- PIA.gov.ph (272)
- Pilar (28)
- Pinoypress (1)
- Placer (35)
- PNA (58)
- PNP (188)
- POEA (3)
- Police Report (131)
- Politics (95)
- Politics Province of Dinagat Islands Surigao City Surigao del Norte (1)
- PPA (18)
- pr-inside.com (2)
- PRC (1)
- Promo (8)
- Province of Dinagat Islands (172)
- Radyo ng Bayan (2)
- RDCC (2)
- Red Cross (4)
- Religion (4)
- reuters (4)
- RMN (77)
- roma (1)
- Romarate (49)
- RPN-DXKS (1)
- Ruaya (2)
- S. Leyte (5)
- San Benito (5)
- San Francisco (11)
- San Isidro (4)
- San Jose (18)
- SCCi (11)
- Sering (9)
- SFCCI (1)
- Showbiz (8)
- SIARELCO (9)
- Siargao (213)
- Sison (6)
- SkyJet (1)
- Smart (4)
- SMWD (3)
- Socorro (14)
- Sports (1)
- SSS (1)
- Sta. Monica (14)
- sun.star (14)
- Super Banat (8)
- Supreme Court (5)
- Surfing (45)
- Surfing in Siargao (3)
- Surfline.com (1)
- Surigao Balita (6)
- Surigao City (488)
- Surigao del Norte (605)
- Surigao del Sur (50)
- Surigao Newswatch (1)
- Surigao Quest (1)
- SURNECO (7)
- Suyog (3)
- Tagana-an (13)
- Tandag (3)
- Technology (4)
- Tempo (10)
- TESDA (5)
- The FREEMAN (3)
- thepeninsulaqatar.com (1)
- Tourism (72)
- Tourist Spots (1)
- Tubajon (10)
- Tubay (1)
- Tubod (12)
- TUCP (4)
- typhoon (1)
- Weather (1)
- wifi (1)
- Zest Air (2)
Blog Archive
-
▼
2010
(435)
-
▼
September
(20)
- Kaso ng dengue sa Surigao City, bumaba na
- 4 Filipinos face off in Siargao Int'l Surfing Cup ...
- Mild quake hits parts of Surigao
- Water shortage feared in Surigao, local water dist...
- RP's surfing capital Siargao holds int'l tourney
- Cops seize boat loaded with illegally-cut lumber i...
- NEA lends P24M to Siarelco to improve facilities
- Chief of Police ng Surigao city, pinasisibak
- Mitsui to take a 15pct stake in Taganito HPAL Nick...
- 12th Siargao National Surfing Cup Winners!
- A magnitude 3.3 earthquake jolted Surigao City
- Korean investors eye coal-fired power plant in Sur...
- Surigao Norte to set fixed rates for transport, ot...
- 12th Siargao National Surfing Cup opens on Friday
- RP a major metals producer soon
- Chinese to pursue Surigao nickel project
- Firm makes first nickel ore shipment from Dinagat ...
- $21-M tuna cannery plant to rise in Surigao City
- A second straight win for SNNHS in Bonok-bonok Mar...
- Ecleo shown pics of wife’s remains; It’s not my wi...
-
▼
September
(20)
Recent Posts
Copyright ©
SURIGAO Today | Powered by Blogger
3 comments:
just hope that whatever royalty or imcome generated from this mining company will be used by the LGU of claver for the improvement of our town not for their own self interest to enrich themselves. Hope they practice good governance, accountability , visibilty and transparency for the good of our town.
i highly supported the first comment, for the betterment of surigaonon, be transparent, be productive, e true, be patriotic, be loyal and please do not corrupt!
Well the truth will come out once their terms is over. who has the biggest house , fanciest car,fat accounts in the banks and all those hidden wealth , money to spend and send children to expensive private schools, vacation to all the nice resorts in the philippines you name it they got it. God does not sleep . ika nga you cant hide the smoke cuase when it gets into your eyes it stings. SO GUYS I RATHER BE POOR WITH HONOR THAT BE RICH IN SHAME.WELL THIS DOES NOT APPLY ANYMORE NOWADAYS , CAUSE CORRUPT POLITICIANS ARE CALLOUS NO MORE SHAME AS LONG AS THEY HAVE MONEY ,money their idol and GOD.THEY DONT CARE.
Post a Comment