Nickel Asia profit soars 312% to P6.27B on lofty ore prices

MANILA, Philippines — Nickel Asia Corp. saw its attributable net income soar by 312 percent to P6.27 billion in 2025, driven by higher sales and export prices. In a disclosure on Thursday, the listed natural resources development company said revenues from saprolite and limonite ore rose by 39 percent to P27.25 billion. It added that “positive financial performance saw a solid uplift on the back of higher saprolite ore export prices throughout the last year.” READ: Nickel Asia doubles earnings to P5.19B Nickel Asia said weighted average ore price amounted to $25.66 per wet metric ton (WMT), a 28 percent increase. […]... Keep on reading: Nickel Asia profit soars 312% to P6.27B on lofty ore prices