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BUSINESS

Phl green minerals showcased in Singapore meet

RA

Raffy Ayeng·27 June 2026, 11:06 pm

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Phl green minerals showcased in Singapore meet

PHOTO courtesy of Philippine Board of Investments/FB

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The Board of Investments (BoI) recently presented the Philippines as a haven for mining green minerals in a forum in Singapore.

During the Mining Asia Conference and Exhibition at the Marina Bay Sands Expo and Convention Center on 24 June, Resource-Based Industries Service (RBIS) acting director Francis Peñaflor laid out opportunities in the country’s critical mineral sector.

RBIS is an internal service or department operating directly within the BoI.

Vision is clear

“As we look ahead, our vision is clear: to position the Philippines as a competitive, sustainable, and inclusive hub for investments in critical minerals and strategic industries. Through the 4Ps: Policy, Permitting, Partnerships, and Processing Projects, we are building the foundations for responsible mineral development, greater value addition, and stronger participation in regional and global supply chains,” Peñaflor said.

“The Philippines is open, ready and determined to be part of the region’s next wave of industrial growth and transformation. We invite you to invest, partner with us, and Make It Happen in the Philippines,” he added.

Network of international cooperation

Under the Partnership pillar of the 4Ps strategy, Acting Board of Investments director Peñaflor underscored the Philippines’ growing network of international cooperation in critical minerals, which includes the Memorandum of Understanding signed by the Philippines and the United States on critical minerals supply chains during the Critical Minerals Ministerial Meeting held in Washington, D.C., in February 2026.

He said the Philippines is likewise strengthening its cooperation with the Republic of Korea, following an agreement to expand collaboration on critical minerals supply chains during President Lee Jae Myung’s State Visit to Manila. The partnership recognizes Korea’s advanced technologies and the Philippines’ abundant mineral resources.

He also cited the AI-Native Industrial Acceleration Hub in New Clark City under the Pax Silica initiative, which seeks to leverage the country’s mineral resource base to support investments in advanced manufacturing, semiconductors, digital infrastructure, artificial intelligence and clean energy technologies.

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