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Rebels Raid Sumitomo Metal Mining’s Philippines Nickel Mine
Oct. 03, 2011 02:16PM PST
Base Metals Investing Bloomberg reported Sumitomo Metal Mining Co. (TYO:5713) said rebels raided its Taganito nickel mining project in the Philippines.
Bloomberg reported Sumitomo Metal Mining Co. (TYO:5713) said rebels raided its Taganito nickel mining project in the Philippines.
The market news is quoted as saying,
The Tokyo-based company is investing $1.3 billion in the project to boost nickel production. Sumitomo Metal Mining said last September it planned to start operations at the mine in August 2013.
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