Nickel Asia's Profits Tripled to ₱6.27 Billion in 2025 — Now It's Going After Gold and Copper Too
Philippine-listed miner Nickel Asia Corporation just posted one of the best years in its history — tripling its net income to ₱6.27 billion in 2025, up a staggering 312% from ₱1.52 billion the previous year. EBITDA also jumped 56% to ₱13.75 billion.
The massive profit surge was driven by higher saprolite ore export prices and increased volume. Operating mines sold 18.56 million wet metric tons of nickel ore, up 9% from the prior year, while the weighted average price per ton climbed 28% to $25.66 from $20.02. When prices go up AND volumes go up, profits explode — and that's exactly what happened.
NAC president Martin Antonio Zamora called it a reflection of the company's 'ability to capitalize on market highs while strengthening our position as a reliable global supplier.' The company's nickel goes to ferronickel and nickel pig iron smelters in Japan and China, making it a key player in the global supply chain.
But Nickel Asia isn't content with just nickel. The company is now positioning itself as a 'multi-resource company,' expanding into renewable energy, gold, and copper exploration. Through subsidiary Cordillera Exploration Company, they plan to complete 4,000 meters of drilling in San Luis to establish gold and copper resources.
For investors, the numbers speak for themselves — a company that tripled profits in one year while diversifying into high-growth sectors. With global demand for nickel driven by the EV battery boom and clean energy transition, NAC is sitting in a sweet spot. Not bad for a Philippine mining company that most retail investors probably haven't heard of.
Source: GMA News
