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Active Mineral Resources and Mining US Foreign Aid

Feasibility Study - Ore-to-Nickel and Cobalt Processing Facility Feasibility Study, through Valent DC

$231.8K USD

Funder Trade and Development Agency
Recipient Organization Valent DC
Country Philippines
Start Date Oct 09, 2024
End Date Oct 12, 2026
Duration 733 days
Number of Grantees 3
Roles Recipient
Data Source US Foreign Aid
Grant ID 133234-70
Grant Description

This grant funds a feasibility study to support Eramen Minerals Inc. (EMI) in assessing the viability of developing an ore-to-nickel and cobalt processing facility to produce battery grade precursor materials in the Philippines.

EMI currently operates a nickel ore mining facility in Zambales Province and seeks to develop local capacity to produce approximately 20,000 metric tons of mixed hydroxide precipitate annually for sale as a battery precursor material.

The Project would support the production of critical minerals that are key elements in the supply chain for batteries and energy storage systems.

All Grantees

Valent DC

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