Makati global confab focuses on developing PH mining industry

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The Philippine mining industry took center stage in a recent conference in Makati City organized by the Department of Environment and Natural Resources in collaboration with the international think tank group Stratbase Institute.

“By working together to address challenges and opportunities in the mineral trade, Japan and the Philippines can further enhance our strategic partnership and contribute to the growth of our respective industries,” the envoy added. She emphasized the significant contribution of the mining industry to Australia’s economy, citing its substantial percentage of gross domestic product and employment figure. The envoy also expressed confidence that the Philippines, with its abundant natural resources, can replicate Australia’s success.

“Under the 2023-2028 Philippine Development Plan, the Philippines has identified critical minerals as a priority for development and investment. Canada and indeed Canadian companies stand ready to support the Philippines in harnessing the potential of these minerals through research and development collaboration, capacity building and training and encouraging greater uptake of value-added processing among Canadian companies already domiciled right here in the Philippines,” Hartman said.

Source: News Formal (newsformal.com)

 

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