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SM Investments Corp. (SMIC) is contemplating a strategic exit from Atlas Consolidated Mining & Development Corp., holding over 30% stake, due to the mining business's lack of synergy with its core operations.

President Frederic C. DyBuncio noted the company’s focus on renewable energy as it evaluates the divestment. Atlas Mining has initiated mine stripping operations, to continue until mid-2026, with a positive outlook due to rising copper and gold prices.

Additionally, SMIC plans to exit its data center business, which has seen limited progress. In 2025, Atlas reported P16.5 billion in revenues, a 12% decrease from the previous year.