Marcventures eyes 2 sites for nickel plant

MANILA, Philippines — Marcventures Mining & Development Corporation (MMDC), a unit of Marventures Holdings, is considering sites owned by Semirara Mining Corporation or Atlas Mining and Development Corporation for a possible ferro-nickel processing plant.

MMDC president Ramon Recto said the proposed plant will require a power supply of about 30 megawatts and they can get this from Semirara’s power plant in Calaca, Batangas or from the excess power supply of Atlas’ own power plant in Cebu.

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