Tokyo, Japan, December 19, 2025 -- Sumitomo Metal Mining Co., Ltd. (TSE: 5713) is pleased to announce that its subsidiary, Taganito HPAL Nickel Corporation (THPAL), has received a PEZA Outstanding Community Projects Award for 2025 from the Philippine Economic Zone Authority (PEZA) for the first time. This award is given to a locator or developer that has strengthened its relationship with local communities through socially meaningful CSR activities.
The annual PEZA Awards are divided into several categories such as Exporters, Employers, and Community Projects, and are presented to companies whose work in these categories deserves special note.
Questions around this news
Why did THPAL receive the 2025 PEZA Outstanding Community Projects Award?
The release says THPAL was recognized for long-term contributions to nearby communities. Its work included infrastructure such as domestic water supply, hospitals, and schools; educational assistance including scholarships; and technical support for agriculture, fisheries, and forestry. The award recognizes companies that build relationships with local communities through socially meaningful corporate social responsibility activities.
What is the PEZA Outstanding Community Projects Award?
It is one category of the annual PEZA Awards, which recognize companies for notable work in areas including exports, employment, and community projects. The community projects category honors a locator or developer that has strengthened ties with local communities through socially meaningful corporate social responsibility activities.
What community support has THPAL provided in the Philippines?
According to the release, THPAL has supported nearby communities through local infrastructure development, including water supply, hospitals, and schools. Its other activities include scholarships and technical support for agriculture, fisheries, and forestry. The release describes these as long-term contributions but does not provide a project-by-project breakdown.
Has another company in the Sumitomo Metal Mining Group received this award?
Yes. The release says Coral Bay Nickel Corporation, also a member of the Sumitomo Metal Mining Group, received the award in 2016. THPAL received it for the first time in 2025. The announcement describes the earlier recognition as part of the group’s history of community-related awards.
THPAL was selected in recognition of the great contribution it has made over the long term to the communities in the surrounding area through the infrastructure development, such as domestic water supply, hospitals and schools; educational support, such as scholarships; and technical support for agriculture, fishery, and forestry. As a member of the Sumitomo Metal Mining Group, Coral Bay Nickel Corporation received the award in 2016.
Going forward, Sumitomo Metal Mining will continue to strive to operate in a socially responsible manner, aiming for the sustainable development of both the communities in the Philippines and the Group, where they operate their nickel smelters.
The scene of the awards ceremony during the "PEZA Investor’s Night" held in Manila on December 15.
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At a glance
- Company
- Sumitomo Metal Mining Co., Ltd.
- Ticker
- TSE: 5713
- Announcement
- Award
- Location
- Tokyo, Japan
Key figures
- Award year
- 2025
- Previous group award year
- 2016
