Wellex Industries Inc. is primarily engaged in the business of mining and exploration. The Company operates through a leasing activity segment on its idle properties as warehouses to third parties. The Company focuses on identifying mining properties with mineral deposits, principally nickel, chromite, gold and copper. The Company has a presence in the Philippines. The Company’s wholly owned subsidiaries include Inland Container Corp. (ICC), Pacific Plastic Corp. (PPC), Rexlon Industrial Corp. (RIC) and Kennex Container Corp. (KCC).