RIO Tuba Nickel Mining Corp. (RTNMC), a subsidiary of Nickel Asia Corp. (NAC), was able to register a total national (value-added) multiplier effect of P44.2 billion between 2017 and 2021 or P8.8 billion per year from its various economic projects, according to a study by economic consulting and research firm Center for Research and Communication (CRC).

Led by economist Dr. Cid Terosa, the CRC Research Team assessed the direct and indirect contributions of the company and its ripple effect on the economy. The study shows that NAC-RTNMC is able to contribute P1.47 in additional economic output for every peso it earns.