Jaysco Holdings Aims to Become a Key Player in the Global Nickel Value Chain with New Business Expansion

Jaysco Holdings announced on August 21 that it aims to become a key player in the global nickel value chain, building on the success of its nickel ore project in the Philippines.

The company recently completed the second port in the Valencia region, successfully expanding its export infrastructure. It is now preparing to fulfill supply contracts with major buyers, alongside the commercial mining of high-grade nickel ore. According to the company, this achievement marks a starting point for new business expansion in the Philippines, including the potential construction of a refinery, moving beyond simple resource extraction.

Jaysco Holdings has established a stable revenue model through a three-pronged approach encompassing nickel mining, infrastructure, and export. The company holds exclusive sales rights over the entire 2,700-hectare mining area in the Dinagat region. Analysis by global certification agency Intertek confirmed the presence of high-grade nickel ore with a nickel content ranging from 2.4% to 2.8%.

The company has also signed its first main contract, planning to supply a minimum of 8 million tons over three years to China's Baoli Energy. Currently, the market price for Philippine nickel ore with Ni content of 1.5% to 1.8% is approximately $60 to $80 per ton, giving the contract volume significant economic value. Negotiations for a main contract with Pacific Infinity Resources Limited (PIRL), a Hong Kong-based resource development company, are also in the final stages. If this contract is included, the annual supply volume is expected to expand to at least 5 million tons. This stable cash generation structure is expected to not only recover initial mine development costs but also contribute to funding new business expansion and long-term investments.

The company also plans to expand its portfolio through new mine development. Leveraging its accumulated experience in mining, logistics, and administration in Dinagat, Jaysco Holdings intends to pursue mine development in the nearby Surigao region. By linking the two regions, the company expects to reduce dependence on a single mine, while simultaneously enhancing supply stability and diversifying export volumes.

The ongoing restructuring of the global nickel supply chain is also seen as a positive factor. As Indonesia reduces its mining quotas, the strategic value of Philippine nickel is rising, and the possibility of policy support from major demand countries such as South Korea, China, and Japan is increasing. In particular, Jaysco Holdings expects that its consistent pursuit of new business initiatives, even amid uncertainty in the global battery market, will strengthen its position within the global critical mineral supply chain.

A representative from Jaysco Holdings stated, "With mining operations, infrastructure development, and secured supply contracts in Dinagat, we have now entered a full-scale export phase," adding, "We will continue to develop additional mines in Surigao and pursue refinery projects, establishing a complete value chain encompassing mining, refining, sales, and logistics, and solidifying our position as a core company in the global nickel value chain."

This content was produced with the assistance of AI translation services.