Why Philippines struggles to tap its US$1 trillion mineral wealth

2026-03-20 - 12:32

As the Philippines forms partnerships with several countries to harness its potentially huge wealth of critical minerals, analysts have called for a coherent road map to develop the country’s mining industry to globally competitive standards. President Ferdinand Marcos Jnr’s administration has signed multiple agreements over the past months, including a memorandum of understanding with the United States to cooperate on diversifying global critical mineral supply chains. The accord, signed during...