Pacific Place, Hong Kong – Listed natural resource development company Nickel Asia Corporation (NAC) was conferred a silver citation in the Best Managed - Basic Materials Category during the 29th FinanceAsia Awards Gala in Hong Kong on June 17, 2025.
Photos: NAC SVP for Sustainability, Risk, Corporate Affairs, and Communications Jose Bayani Baylon receiving NAC’s silver citation for Best Managed, Basic Materials category
This marks the second time NAC was recognized in the said category. Previously, it won a gold citation and was the first and only company in the Philippines with interests in mining to win the category in 2023.
“This is inspiring because it comes at the midst of our transformation from being the largest nickel mining operation in the Philippines to becoming a natural resources operator not only in the Philippines, but also in our region,” said NAC SVP for Sustainability, Risk, Corporate Affairs, and Communications Jose Bayani Baylon.
The winners of the awards are chosen based on nominations from financial investors and analysts throughout Asia.
According to FinanceAsia, the awards serve as a benchmark of Asia’s best companies based on corporate behavior and exemplary performance in their respective categories.
Founded in 1996, FinanceAsia is Asia Pacific’s premier capital markets publication that provides news, analysis, and insights into the financial markets of the region.
To date, NAC is the Philippines’ largest producer of lateritic nickel ore with seven operating nickel mines. It also has a 10-percent stake in the Taganito HPAL project and a rapidly growing stake in clean energy.
About Nickel Asia Corp.
Nickel Asia Corporation (PSE: NIKL) is a diversified natural resources development company in the Philippines, with a portfolio that includes seven operating nickel mines, a 10-percent stake in the Taganito HPAL project, and a rapidly growing renewable energy subsidiary. At NAC, our aim is to contribute to sustainable national development by adopting our ESG roadmap to achieve the highest standards in the responsible utilization of our country's natural resources. Our mines produce two types of ore: saprolite and limonite. Our saprolite ore is used as feed for ferronickel and nickel pig iron smelters in Japan and China while most of our limonite ore is processed domestically by the Coral Bay and Taganito HPAL projects. Our renewable energy subsidiary aims to engage in power generation exclusively from renewable sources. In a short period of time, we have built up a portfolio of renewable energy service contracts across solar, wind and geothermal, which are at various stages of development. Through our operations and along with our partners of over 2,000 employees across communities, we aim to bring products that would move the world towards a progressive and sustainable future, always conscious of being stewards of the environments where we operate. Learn more at www.nickelasia.com and follow us on Twitter, Facebook, and LinkedIn.