Nickel Asia Corp. Stock Analysis NIKL.PM

Nickel Asia Corp. engages in the operation and production of of lateritic nickel mines and ore. The firm is engaged in the business of mining of all kinds of ore, metals, and minerals and in the business of generation, transmission, distribution, and supply of electricity to cities and other localities and to the public in general. The firm's segments include mining, services, and power. The mining segment is engaged in the mining and exploration of nickel saprolite and limonite ore and limestone. The services segment is engaged in the chartering out of Landing Craft Transport (LCT), construction and rendering of services to Coral Bay Nickel Corporation (CBNC), Taganito HPAL Nickel Corporation (THNC) and other parties and leasing of aircraft to World Aviation International Services Corporation. The power segment is engaged in power generation and exploration of geothermal resources. The company is also engaged in investing in and holding of assets. The company sells two types of limonite ore includes high-iron and low-grade.