Jaysco Holdings announced on August 19 that it has completed the construction of the second port in the Valencia area for its nickel ore development project underway in Dinagat, the Philippines. With the completion of this port, the local export infrastructure has been expanded, making it possible to begin full-scale overseas supply of high-grade nickel ore.
Previously, in April, the company completed the first port in the Legazpi area near the Dinagat mine, which can accommodate six barges simultaneously. The newly completed Valencia second port can accommodate four barges at the same time. By operating both ports in parallel, Jaysco Holdings has secured a stable foundation for handling export cargo volumes.
In particular, the Valencia area has been identified as a region with a concentrated distribution of high-grade ore containing up to 2.8-2.9% nickel, according to analysis by the global verification agency Intertek. The company plans to use the operation of the second port as an opportunity to soon supply mined and shipped high-grade ore to major global smelters and buyers.
The Valencia second port is designed to be directly adjacent to the coastline, rather than a riverbank, resulting in a shorter route from barge to bulk carrier. This is expected to improve logistics efficiency, reduce loading times, and lower costs during large-scale export operations.
Additionally, on the coast opposite the Valencia second port, Nickel Asia Corp., a subsidiary of Japan's Sumitomo Corporation, has been stably exporting nickel ore for decades. With the completion of the new port, Jaysco Holdings is expected to establish the area as a key hub in the global nickel supply chain.
A representative from Jaysco Holdings stated, "The completion of the Valencia second port has further strengthened the export infrastructure in the Dinagat region. By operating both the Legazpi and Valencia ports in parallel, we will build a stable and sustainable supply system and faithfully fulfill contracts with major global buyers."
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