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Philippines Boosts Mining Industry Through US, South Korea Partnerships

3/21/2026

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Story summary
  • The Philippines is forming partnerships to develop its mining industry and boost global competitiveness.
  • President Ferdinand Marcos Jr.'s administration signed a memorandum with the United States to enhance global supply chains during a ministerial meeting in Washington.
  • Environmental Secretary Raphael Lotilla said the partnership will foster a Filipino-led industry and create jobs.
  • Separately, agreements with South Korea expand cooperation in critical minerals and related sectors.