RE:Open up the mines Having the fourth largest copper reserves in the world, the Philippines is well-placed to meet demands from domestic and international markets.
The country has a diverse extraction method and manufacturing to produce high-demand copper-based products such as cathodes, alloys, and foil.
The DTI targets to lure foreign companies to invest in building world-class copper mines, wire rod casting facilities, and manufacturing of higher-value copper products.
The country has copper reserves of 4 billion metric tons. Annually, 300,000 dry metric tons of copper are produced.