Kolinski Phosphate Mining

Kolinski Phosphate Mining Co., Inc. (KPMCI) is a joint venture between KPMCI and Sakae Torisawa, an experienced mining investor from Tokyo, Japan. Exploration in the provinces of Cebu and Negros Oriental started more than three years ago and was granted mining claims of more than 8,000 hectares that covers gold, silver, copper, silica sand, and rock phosphate, as of July 2010. KPMCI commenced construction of plant building and installation of machinery and equipment in October 2010. It expects to supply 411,200 tons of granulated rock phosphate to local fertilizer manufacturers within the next five years.