By Cecilia Yap
May 29 (Bloomberg) -- Sumitomo Metal Mining Co. Ltd. plans to build a $3 billion nickel ore processing plant on the southern Philippine island of Mindanao next year, BusinessWorld reported.
Sumitomo and local partner Nickel Asia Corp will operate the facility by 2013, the newspaper reported, citing Rogelio Cadano, technical services manager of Taganito Mining Corp., a unit of Nickel Asia.
To contact the reporter on this story: Cecilia Yap in Manila at cyap19@bloomberg.net
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