Philippines see the March agreement between the United States and Japan on critical minerals as a model.
The Philippines is eager to expand economic cooperation with the United States, particularly in critical minerals and production of battery components, Philippines Foreign Minister Enrique Manalo said on Friday.
Manolo said the Philippines wanted to increase the presence of mining companies in the Philippines, and encourage production of battery components. “We would like to keep them at home and encourage investment in the manufacturing sector, so we could produce the components in the Philippines using our own minerals.”
He said Manila hoped this would “foster public private and private partnerships, as well as generate big-ticket projects in priority areas.”
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