2 May, 2024. Zug, Switzerland. Solway Investment Group GmbH (SIG) proudly announces the opening of its office in the United States. Located in Manhattan, the subsidiary, Fenix Nickel Co., owns significant Guatemalan nickel assets—Compania Guatemalteca de Niquel (CGN) and Compania Procesadora de Niquel de Izabal, S.A. (PRONICO). The critical materials produced by these assets are anticipated to reach the US and European markets once export permits are granted by the State of Guatemala.
This notable expansion into the U.S. marks a major milestone for Solway, as it embraces a new chapter advocating for business practices rooted in environmental stewardship and human rights in Guatemala.
Dan Bronstein, CEO of Solway, expressed his optimism about the new location: “New York is a natural new home for the nickel assets since it is home to global capital markets and clean energy progress and offers positive growth opportunities within the US and global economies as we enter our new paradigm of business.”