Groundbreaking for the planned United States (US) economic security zone in the Philippines could take place within the current Marcos Jr. administration, with the project expected to generate hundreds of thousands of jobs once fully developed, Philippine investment officials said. Officials from...
The soon-to-rise United States (US) economic security zone in the Philippines could strengthen the country’s role in global supply chains for semiconductors and critical minerals, potentially moving the local industry beyond its current focus on low-value assembly and testing, according to the...
Six multilateral development banks (MDBs) have launched a coordinated push to develop critical mineral value chains, seeking to move resource-rich economies beyond raw material exports and into higher-value manufacturing as part of efforts to strengthen supply chain resilience. In an April 17 joint...
Developing economies including the Philippines are pressing the World Bank Group (WBG) to help reduce borrowing costs as the economic fallout from the Middle East conflict drives up oil prices, disrupts supply chains, and threatens growth and food security. In an April 16 statement delivered before...
Experts have expressed belief that the Philippines and Canada must work together to develop supply chains for critical minerals in a bid to reduce dependence on other countries amid global developments. During the recent conference organized by Stratbase Institute and the Asia Pacific Foundation...
United Paragon Mining Corp., the gold producer controlled by the Ramos family, agreed to a debt-to-equity conversion that will hand a 13.3 percent stake to the Marsman Drysdale Group as the miner seeks to clean up its balance sheet despite nearly two decades of suspended operations. The company’s...
As part of its bilateral cooperation with the Philippines, the European Union (EU) is set to conduct a scoping study of mineral-rich sites in the country to identify potential sources of critical raw materials, ensuring sustainable utilization of resources and promoting new investment...
The Department of Energy (DOE) is dangling ‘captive electricity generation’ as a viable solution to the intensive energy needs of mining companies to bolster up whole chain development of critical minerals that will underpin technological innovations for the energy transition. “We’re...
HOUSTON – The ‘stranglehold’ of critical minerals which is just in the hands of very few producer-countries is seen as a major factor that will cause enormous strain and will drive up costs for the consumers of many countries traversing their pathway to energy transition. In a plenary...
HOUSTON – American billionaire and philanthropist Bill Gates will weigh in “clean energy technologies’ that could usher in success for the world’s energy transition agenda, when he takes the spotlight on Thursday (March 21) at the ongoing CERAWeek conference, which is a top-tier event...
The Philippines is interested in exploring opportunities in critical minerals sectors with the United States, a Washington official said. Jose Fernandez, US Undersecretary for Economic Growth, Energy, and the Environment, said he had with Philippine officials "long discussions" on such possible...
Philippine General Minerals Project, Inc. (PGMPI), a Filipino-owned company engaged in the rehabilitation of mining tailings in the country, is in discussion with South Korean investor Busan Equity Partners (BEP), a consortium of South Korea’s institutional investors, for potential collaboration...
