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The Philippines has a unique opportunity to become a leader in the critical minerals or “green metals” market, Department of Trade and Industry Undersecretary Ceferino Rodolfo at the Indo-Pacific Business Forum Tuesday.
“The Philippines is rich in nickel, particularly the type needed for batteries. Since Indonesia’s ban on nickel ore exports, the Philippines has become the world’s biggest exporter,” Rodolfo said. “The Indo-Pacific Economic Forum is discussing ways to increase the value of Philippine nickel by further processing it in an environmentally friendly way,” said Rodolfo, adding that the Philippines has the chance to be ‘green’ from the very beginning, as decarbonizing existing processes is more challenging.
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