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Manila Times Business

Critical minerals offer a big potential

LAST week, President Ferdinand Marcos Jr. signed an executive order to establish the Unified National Policy Framework for Developing the Critical Minerals Industry that will lay down the guidelines for transforming the Philippines into a key player in the global critical minerals market. Critical minerals such as lithium, copper, nickel, cobalt, graphite and rare earth elements are driving the transition to low-carbon energy systems. They have also become indispensable in other strategic indust

Context & Analysis

The Philippines has long sat on substantial mineral deposits, but the country’s real opportunity now lies less in extraction and more in how it positions itself within global supply chains for batteries, electronics, renewable energy systems, and defense-linked technologies. As governments tighten their grip on strategic materials, domestic policy is being shaped not only by environmental concerns but also by industrial ambition. The emerging framework signals that mining will increasingly be tied to downstream processing, local value creation, and compliance with international standards.

For Philippine businesses, this is not just a resource story. It touches power costs, industrial investment, and market access. Companies involved in manufacturing, logistics, energy, technology, and even consumer electronics may benefit if the country can attract processing plants, recycling facilities, and long-term supply contracts. At the same time, consumers and downstream industries stand to gain from more stable domestic sourcing of materials used in everything from smartphones to electric vehicles. The policy direction also raises questions about how mining revenues will be shared with local governments, how environmental safeguards will be enforced, and whether new projects can meet both investor expectations and community standards.

What to watch next is implementation. A national framework only becomes meaningful when translated into permits, tax incentives, industrial zoning, environmental review processes, and credible local-content rules. Investors will look for clarity on how exploration rights, processing zones, and export logistics are handled. Communities will scrutinize whether development brings jobs and infrastructure without repeating the damage of poorly managed mining operations. If done well, critical minerals can become part of a broader industrial strategy linking the Philippines more tightly to green technology markets. If handled narrowly as an extraction sector, the opportunity may remain large on paper but limited in real economic impact.

Analysis by IJE Software — original commentary on the story above.

This is an excerpt. Read the full article at the original source:

Source: manilatimes.net

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