MANILA (Reuters) – China’s Zhejiang Huayou Cobalt Co Ltd is looking to build the Philippines’ third nickel ore processing facility in partnership with a Philippine miner, two industry sources with knowledge of the proposal said on Wednesday.
Huayou, which has signed deals to build high-pressure acid leach (HPAL) plants in Indonesia, is in exploratory talks to construct a similar facility in the Philippines in partnership with a local nickel ore producer, the sources said.
Huayou did not immediately respond to a request for comment.
(Reporting by Enrico Dela Cruz in Manila and Melanie Burton in Melbourne; additional reporting by Siyi Liu in Beijing)
