"We have held initial meetings... before the end of the year, we promise to have a recommendation on how we should proceed," said MGB Concurrent Director Mario Luis J. Jacinto, speaking to reporters.

The MGB is consulting industry stakeholders and other agencies to consider the country's sustainable level of ore volume and its competitiveness in the context of ASEAN integration.

Mr. Jacinto, who is also an undersecretary of the Environment department, noted that local processing of ore adds value to the Philippine mining industry's output. "The question is what are the requirements to put it in place," he added.
Read more: Policy on downstream mining industries due by year's end

Latest Updates
Back to Top