The Philippines can be a “vital partner” for the critical minerals such as nickel and copper, among others, not only as an exporter of raw ores but as a processor and producer of semi-finished and finished products.
THE Philippines can be a “vital partner” for the critical minerals such as nickel and copper, among others, not only as an exporter of raw ores but as a processor and producer of semi-finished and finished products, Trade Secretary Alfredo E. Pascual said on Monday.
As Pascual woos countries to consider the Philippines as a processor of these critical minerals, he said the country has Indonesia as a model. In a news statement issued on Thursday, the Trade department said, “They [Glencore] see the Philippines as a potential partner to process nickel and copper resources responsibly and sustainability for use in electric vehicle batteries and energy storage units, among others.”According to its web site, Glencore extracts and processes copper ore in the Democratic Republic of the Congo, Australia and South America. The Swiss multinational firm added that it recycles copper scrap.
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