Philippines eyes shift from ore exporter to processor


MANILA (Philippine Daily Inquirer/Asia News Network) Trade Secretary Alfredo Pascual (pic) on Monday (Jan 23) said the Marcos administration was looking to turn the country into a mineral-processing nation instead of an ore exporter to support the local electric vehicle (EV) industry, signalling a major policy shift when it comes to handling the country’s natural resources.

Pascual said he considers mineral processing crucial given the Philippines’ mineral resources, citing the country’s deposits of green metals including nickel, copper and cobalt.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Philippines , ore , mineral , exporter

Next In Aseanplus News

Signing of 11 MoU with India testament to PM Anwar’s role in regional, global partnership
Meloni and IOC condemn clashes in Olympics host Milan after protest
Thailand PM's Bhumjaithai Party takes early lead in three-way election race
Azmin, Faizal Azumu among Bersatu leaders at Muhyiddin’s home for special meeting
Johor grants special RM17mil CNY allocation for Chinese schools, welfare
Japan's 'Iron Lady' Takaichi forges stunning election win, country's first female consolidates her top post
US pitches critical minerals plan to allies to counter Beijing’s dominance
What does the fall of PLA top brass Zhang Youxia say about Beijing’s Taiwan plans?
Cricket–England survive Nepal scare in T20 World Cup thriller
Asean News Headlines at 10pm on Sunday (Feb 8, 2026)

Others Also Read