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Coral Bay Nickel Corporation (Philippines)

Main Activities: Coal Mining
Full name: Coral Bay Nickel Corporation Profile Updated: December 01, 2025
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Coral Bay Nickel Corporation is a Philippines-based mining and mineral processing company engaged in the production of nickel and cobalt mixed sulfide. Operating a hydrometallurgical processing plant in Bataraza, Palawan, the company utilizes high-pressure acid leach technology to process low-grade lateritic nickel ore into intermediate nickel and cobalt products used as inputs for refineries in Japan and other markets. These mixed sulfides are further processed into materials for batteries, electronics, chemical and metallurgical applications, including components for rechargeable batteries used in electric vehicles. Coral Bay's activities are centered on the operation of its processing plant, ore handling facilities, utilities and associated infrastructure, supported by environmental management systems certified to ISO 14001 and quality systems certified to ISO 9001. The company positions itself as a reliable supplier within the global nickel value chain while maintaining a strong emphasis on environmental protection, rehabilitation of mined and tailings areas, and community development programs in host and neighboring communities in Palawan. Its strategic focus is on safe and efficient plant operations, long-term resource utilization, compliance with Philippine and international regulations, and contributing to the low-carbon energy transition by supplying battery-related raw materials.

Legal Address
Rio Tuba Export Processing Zone Rio Tube, Bataraza, Palawan
Bataraza; 4-B; Postal Code: 5306

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Website: http://coralbaynickel.com/

Basic Information
Total Employees:
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Financial Auditors:
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Incorporation Date:
April 04, 2002
Key Executives
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Chairman & President
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Other
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Other
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Other
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Chief Financial Officer
Ownership Details
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72%
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18%
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10%
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Company Performance
Financial values in the chart are available after Coral Bay Nickel Corporation report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency PHP. Absolute financial data is included in the purchased report.
Net sales revenue
-24.11%
Total operating revenue
-23.83%
Operating profit (EBIT)
N/A
EBITDA
N/A
Net Profit (Loss) for the Period
N/A
Total Assets
-10.83%
Total Equity
-11.73%
Operating Profit Margin (ROS)
N/A
Net Profit Margin
N/A
Return on Equity (ROE)
N/A
Debt/Equity
0.04%
Quick Ratio
-1.21%
Cash Ratio
-0.96%

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