Place your Ad Here!

THPAL MILESTONES IN THE PHILIPPINES

by Philippine Resources - June 28, 2022

Photo credit: Taganito HPAL Nickel Corporation

The Taganito HPAL Nickel Corporation (THPAL), a mineral processing plant, was incorporated in the Philippines on August 22, 2008 to engage mainly in the manufacture and export of Nickel and Cobalt Mixed Sulfide.

THPAL’s Plant is designed to have an annual output of 30,000 MT of Nickel and 2,640 Metric of Cobalt in the form of Ni-Co Mixed Sulfide with a project life span of 30 years. This Ni-Co Mixed Sulfide will be exported to the Nihama Nickel Refinery in Ehime Prefecture, Japan.

However, with the continuous research and development, THPAL pioneered the production of Scandium in the country in 2019 and further, successfully conducted its Chromite commercial production in April 2021.

The Taganito HPAL Nickel Corporation is a subsidiary of Sumitomo Metal Mining Co.,Ltd Japan and sister company of Coral Bay Nickel Corporation (CBNC), the first company in the world to successfully employ the highly efficient High Pressure Acid Leaching (HPAL) technology that turns low-grade Nickel ore into a manufactured intermediate product of high commercial value.

Over the last 8 years since its commercial operation in the country, particularly in the Province of Surigao del Norte, THPAL have been contributing in 5 major ways:

Adding Value to the Low-Grade Ores

Using the HPAL technology, THPAL optimizes the utilization of minerals by producing several rare mineral products from the low-grade ores, which is not of value before. Through its advance technology, THPAL produces Nickel and Cobalt in the form of MS Sulfide, Scandium and Chromite.

Adding Value to the Environment

The company advocates responsible environmental management to protect the environment beyond compliance and adheres to stringent safety measures, while operating its state-of-the-art plant facility equipped with Hydrogen Sulfide plant, Power Plant, Wastewater Treatment Facility, Sewage Treatment Plant, air pollution control facility and other pollution control mechanisms put in place to safeguard the people and the environment. The plant achieved its ISO 14001:2015 certification in 2017.

Adding Value to the Communities

THPAL started the implementation of the Social Development and Management Program prior to its commercial operation to address the clamor of the communities for an improved quality of life. To date, the company is supporting 536 college scholars, 699 senior citizens and 233 Persons with Disability, 12 people’s organizations with 306 members, 165 Barangay Health Works and other medical workers in the communities, and other 255 recipients. We have been responsible for the construction multi- million infrastructure projects like schools, roads, health centers, churches, to name a few.

Adding Value to the Filipino Skills

The company cultivates a diverse workforce where upon joining THPAL, were exposed to a wide array of skills that puts premium to their individual professions. They are not only trained to become experts in their own field, but to become responsible citizens of the communities.

Adding Value to the Economy

The entry of THPAL to the industry brought forth employment opportunities to thousands of locals. This is also considered as the region’s major economic driver with the infusion of 1.6B US dollar for the establishment of the project in Barangay Taganito, Claver, Surigao del Norte.

The company does not only aspire to become the leading HPAL plant in the world but it believes that success in business is, when society grows with it by providing lasting benefits to the Filipino people and the world. The Taganito HPAL Nickel Corporation is Surigao del Norte’s pride in the Caraga Region.


Place your Ad Here!


Related Articles

Company

Philippine Resources - December 07, 2021

THPAL commences Chromite Production

Taganito HPAL Nickel Corporation (THPAL), a mineral processing plant and a subsidiary of Sumitomo Metal Mining Co., Ltd (SMM), officially started its commercial operation of chromite last March 2021 to produce chromite concentrate. The company decided to commercially extract chromite to be used primarily as a raw material for stainless steel. With the Chromite Recovery Plant of the company, THPAL can now recover chromite simultaneously during the production process of nickel and cobalt mixed sulfides, the first intermediate product of the company. Chromite has brownish to black-colored mineral and is refined and processed into the intermediate product ferrochrome, widely used as a raw material for stainless steel and other special steels. This can also be used as paint pigment to produce Chrome Yellow for the textile industry, where large amounts of chromium compound as chemical to fix a dye are commonly used. According to Engr. Rey Prado, head of THPAL Chromite Recovery Plant, “It has been shown that there is an increase of the worldwide demand for chromite from November 2018 and the market is still growing. With this, the company’s target is to produce high quality chromite for quarterly shipment on demand of the customer.” By efficiently recovering not only nickel and cobalt but also its by-products such as scandium and chromite in THPAL, it will increase the cost competitiveness of its HPAL technology. This will likewise provide new materials for the stainless-steel industry, which is the backbone of the nickel business. By doing so, SMM’s presence in the global nickel industry through its subsidiary companies will push the realization of its vision of “Becoming the World Leader in the Non-Ferrous Metals Industry” by 2030. This will likewise add value to the low grade ores and increase the contribution of the company to employment generation and to the coffers of the government. Brief Description of THPAL Taganito HPAL Nickel Corporation (THPAL) is a mineral processing plant located at Taganito Special Economic Zone, Barangay Taganito, Claver in the province of Surigao del Norte, which employs the highly efficient High Pressure Acid Leaching (HPAL) technology to turn low-grade nickel ore into a manufactured intermediate product of high commercial value. With its estimated cost of 1.6 billion US Dollars, it became one of the largest foreign direct investment projects in the Philippines. THPAL’s plant is designed to have an annual production of 30,000 metric tons of Nickel and 2,640 metric tons of Cobalt in the form of Ni-Co Mixed Sulfide. This Ni-Co Mixed Sulfide will be exported to Nihama Nickel Refinery in Ehime Prefecture, Japan. THPAL is likewise the country’s sole producer of scandium – the rarest mineral on earth -- and on April 2021 THPAL started the commercial operation of its Chromite Recovery Plant to produce chromite concentrate.

Place your Ad Here!


Recent Articles

Mining

Philippine Resources - November 27, 2022

FNI posts higher nine-month net income of P2.13 billion

Photo credit: Global Ferronickel Holdings Global Ferronickel Holdings, Inc. (FNI), a diversified Filipino company with interests in ferronickel ore mining and processing, logistics and port operations, and cement and steel production, recorded a net income of P2.13 billion in the nine-month period that ended September compared to the P1.86 billion it posted during the same period last year. The results are driven by the Group’s flagship mining project in Surigao del Norte operated by Platinum Group Metals Corporation (PGMC). FNI's revenues on the sale of medium-grade nickel increased on the back of favorable forex rates and higher average realized price, while shipment volumes reel from inclement weather and a lower price for low-grade ore. The sale of nickel ore for the nine-month ended September 30, 2022 slides to 3.150 million wet metric tons (WMT), lower by 1.078 million WMT or 25.5%, compared to 4.228 million WMT of nickel ore in the same period last year. The Group only completed 58 nickel ore shipments against 78 shipments during the same period last year due to erratic weather conditions registering 161 rainy days to 137 last year. The resulting sales mix was 78% low-grade ore and 22% medium-grade ore in 2022 versus the previous period’s blend of 81% low-grade ore and 19% medium-grade ore. Shipments consisted of 2.450 million WMT low-grade nickel ore and 0.700 million WMT medium-grade nickel ore compared to 3.424 million WMT low-grade nickel ore and 0.804 WMT medium-grade nickel ore in the same period in 2021. The average realized nickel ore price for the period ended September 30, 2022 is USD28.89/WMT lower by USD1.89/WMT or 6.1% compared to last year’s USD30.78/WMT. Low-grade ore is USD25.49/WMT lower by USD4.30/WMT or 14.4% against last year’s USD29.79/WMT. On the other hand, medium-grade ore stands at USD40.79/WMT higher by USD5.80/WMT or 16.6% versus last year’s USD34.99/WMT. The average realized Peso over USD exchange rate for the Group’s export revenues is P54.87 compared to P49.22 in the same period last year, higher by P5.65 or 11.5%. “Overall outlook for FNI looks reassuring. With the opening of our Palawan mineral project, we expect healthier returns for our stakeholders. Although weather conditions have not been permissive, we have continued to improve our operations and pursue our expansion plans,” said FNI President Dante R. Bravo. FNI recently disclosed its 20% stake in China's Guangdong Century Tsingshan Nickel Industry Co. Ltd (GCTN) to enhance synergies between FNI with its nickel ore mines and GCTN as an ore processor and provide a steady value-adding enterprise for the Group. As a testament to its growth and core policy to strengthen systems and processes, PGMC has received ISO certifications for its Quality Management System (ISO 9001:2015), Occupational Health and Safety Management System (ISO 45001:2018), and Environmental Management System (ISO 14001:2015) as an Integrated Management System (IMS). The certification applies to all activities in the mining operations of nickeliferous laterite ore and other associated minerals from planning to ore production, hauling, loading and port operations.

Mining

Philippine Resources - November 27, 2022

DMCI Mining nets P1.2 billion in 9M

Photo Credit: dmcihouse.net DMCI Mining Corporation saw its net income decline by 17 percent from P1.41 billion to P1.17 billion during the first nine months of the year owing to lower nickel ore shipments and average nickel grade sold. “We expected a severe profit decline because of the depletion of our Berong mine late last year. Fortunately, the bullish nickel market allowed us to ship even the low-grade inventory of Berong,” said DMCI Mining president Tulsi Das C. Reyes. “Strong nickel prices and local currency weakness also moderated the impact of lower shipments on our bottom line,” he added. For the third quarter alone, net income tumbled by 56 percent from P181 million to P80 million due to the combined effect of lower shipment (-50%), flattish nickel grade sold (-1%), higher selling prices (+31%) and favorable average foreign exchange rates (+10%). Total shipments declined at a slower pace from January to September as the Berong mine did better than expected in the first half. Consequently, nickel ore shipments only fell by 25 percent from 1.45 million wet metric tons (WMT) to 1.09 million WMT. Despite a 4-percent decrease in average nickel grade sold from 1.38% to 1.33%, DMCI Mining posted a 16- percent improvement in nine-month average selling price from US$43 to US$50. Magnifying the impact of higher selling prices was a 10-percent increase in foreign exchange rates from US$ 1:Php 49 to US$ 1:Php 53. At the end of September, total inventory plummeted by 76 percent from 450,000 WMT to 109,000 WMT, mostly (81%) coming from Zambales.   Article courtesy of the Philippine Stock Exchange

Mining

Philippine Resources - November 27, 2022

E-vehicle boom opens new opportunities for PH mining

Developing the electric vehicle (EV) industry is opening new opportunities for the Philippine mining sector, a company executive said Wednesday.  In a media roundtable, DMCI Mining president Tulsi Das Reyes said the e-vehicle sector has provided new opportunities for the mining industry and his company is keen to take part in this development. He described that mining became a "sunset business" before the growth of the e-vehicle industry. "Prior to the EV boom, stainless steel was going nuts, and they don't have capacity already for the stainless steel market. And China is the only growth for stainless steel, all other countries in the world (are) slowing down," Reyes said. He said the growing demand for e-vehicles globally has offered a "fresh light" for the mining business. Nickel is a component for e-vehicle batteries. "Without EVs (e-vehicles), we would (have) ended so many other niche market(s). So it was a huge impact," Reyes added. In the recent foreign business missions of the Department of Trade and Industry (DTI) in the United States, South Korea and Japan, companies from these countries expressed their interest in the Philippine e-vehicle industry, including manufacturing batteries for electric cars. Part of the DTI's Make It Happen in the Philippines campaign is to attract investments for integrated mineral processing to have value-added activities in the mining industry instead of exporting minerals as raw materials. Reyes said DMCI Mining is in talks with possible foreign partners to explore opportunities for integrated mineral processing here, including Indonesian and Chinese partners, but this will require adequate infrastructure in place and support from the government. Meanwhile, DMCI Mining net income in January to September this year declined by 17 percent to PHP1.17 billion from PHP1.41 billion in the same period last year. The lower profit for the first nine months of 2022 was mainly due to decline in shipment. "Strong nickel prices and local currency weakness also moderated the impact of lower shipments on our bottom line," Reyes said.    Article courtesy of the Philippine News Agency

Place your Ad Here!

Place your Ad Here!

Join the Philippines'

Mining, Construction and Industry Community

Be the "First" to get our exclusive Digital Magazine & Newsletter.