We regularly disclose material information about our Company through press releases.
In 2022, Berong Nickel Corporation (BNC) began its comprehensive 6-year rehabilitation plan for the Berong Mine located in Quezon, Palawan.
The plan covers the rehabilitation of a total of 343 hectares, which includes 109 hectares of surface mine, 209 hectares of silt control structures, and 25 hectares of stockpile area.
The rehabilitation plan has been allocated a budget of Php 110 million, most of which will be used to stabilize the mined out area through benching, drainage construction and planting of endemic and indigenous trees.
BNC’s end goal is to restore and enhance the mined land so its economic and ecological value is similar to, if not better than, when the company started operations in the area.
After rehabilitation, the areas can be used by the Department of Environment and Natural Resources (DENR), local government units, and host communities for eco-tourism, agro-forestry, and inland fish farming activities.