REVITALIZING PHILIPPINE MINES IN A RESPONSIBLE MANNER  

WHAT
  • The mining industry plays a crucial role in the Philippine economy, contributing to employment, infrastructure development, and export revenues. Today, the Philippines is the world’s 2nd largest nickel producer only after Indonesia. Notably, this achievement is realized using just 2.5% of the country's total land area for mining, highlighting the potential for further development while maintaining environmental balance. 
  • Furthermore, with Indonesia’s recent nickel export ban, demand for Philippine nickel is expected to grow, making it a key supplier for global industries, particularly those involved in electric vehicles and renewable energy storage. 
  • The Philippines boasts a strategic location within the region, particularly its proximity to China, the world’s largest consumer of industrial metals, making it a prime export market for minerals such as nickel, copper, and gold.  
  • The Philippine government has implemented bold measures to revitalize the mining industry. By lifting the longstanding moratorium on exploration permits and reversing the ban on open-pit mining, the government has created an environment conducive to new investments and the reopening of previously closed mining operations. 
  • Alongside these developments, there is a strong emphasis on ensuring that mining activities adhere to sustainable and safe practices such as: adoption of green technologies, resource efficiency promotion, and waste management. 

 

HOW 
  • Introduce advanced mining technologies that minimize environmental impact, such as automated equipment, low-impact extraction methods, and energy-efficient processes. 
  • Assist with environmental impact assessments (EIA) and social impact studies to help Philippine mining companies align with international environmental and social standards. 
  • Implement technologies for metal recovery, waste recycling, and sustainable material sourcing to reduce environmental waste in mining operations. 
  • Enhance supply chain sustainability by introducing traceability systems, transparent reporting, and sustainable procurement practices, supporting the Philippines as a leader in responsibly sourced minerals. 

 

CONTACT US 

For more information contact Johan Lennefalk at Johan.Lennefalk@business-sweden.se.