The Philippines is eager to expand economic cooperation with the United States, particularly in critical minerals and production of battery components, Foreign Affairs Secretary Enrique Manalo said on Friday.
In a statement, NAC said the winning universities received a grant of P100,000 each during its first-ever Sustainability Contest to work on research projects that will enhance environmental practices and promote responsible utilization of natural resources using science-based techniques.
Theresa Mundita S. Lim, executive director of the Asean Centre for Biodiversity, said these pockets of biodiversity can provide safe haven to plant and animal wildlife during mining operations, where forests are shaved and mountains are carved to extract minerals.
The Department of Environment and Natural Resources (DENR) will implement a “no contact” apprehension against companies that operate sans the necessary permits under the environmental impact system (EIS) law.
PNIA has proposed the creation of a one-stop shop to fast-track government approval of mining permits to just six months to a maximum of one year from the current processing period of as long as 10 years. Faster mining approval will be conducive to quality foreign investments.
PNIA is discussing with government the proposed implementation of a “one-stop shop” program in the mining sector to fast-track the approval of permits, similar to the Energy Virtual One Stop Shop (EVOSS) System, which streamlined the permitting process of energy generation projects in the country to attract more investments in the sector.
At a news conference during the Nickel Initiative held in Makati City on Tuesday, Bravo said they are hopeful of drastically cutting down the gestation period for mining investments by streamlining the mining permit process.
The Philippine Nickel Industry Association (PNIA) announced that it is reviving its offer to help draft an industry blueprint in collaboration with government to make the country’s nickel sector globally competitive and attractive to investors.
THE Department of Environment and Natural Resources (DENR) said it will provide support for efforts to discover deposits of “critical minerals” like iron, cobalt, rare earths, as well as nickel.
The Philippines has the potential to supply much of the world’s increasing demand for nickel, however there is a need for predictability and ease of doing business in order for the nickel sector to develop.
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The PHILIPPINE NICKEL INDUSTRY ASSOCIATION, INC., or PNIA is a non-stock non-profit association duly registered with the Securities and Exchange Commission.
Established in 2012, PNIA was organized to promote and develop the nickel mining industry in the country, aiming to represent the Philippine nickel industry as the single voice to champion its cause with various stakeholders.
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