Australian mining companies are turning their attention to the Philippines as the country reopens its doors to responsible and sustainable mining operations.
Australian Ambassador to the Philippines H.K. Yu confirmed a renewed wave of interest from Australian investors in the local mining sector, citing both the lifting of the moratorium and strong economic ties between the two nations.
“We want to work with the Philippines to help you really explore the mining sector in a way that is environmentally sustainable, in a way where the profits are shared with the communities as well,” Yu said at the sidelines of the Philippines-Australia Friendship Festival held at the Glorietta Activity Center over the weekend.
A dedicated mining business mission from Australia is currently in the works and is expected to take place in the second half of the year, she added.
According to Yu, the delegations typically attract 20 to 30 companies and reflect the growing enthusiasm of Australian firms for Philippine opportunities.
“Our Australian colleagues have been floating this idea to several industry bodies,” she said, noting that this would likely be the first mining-focused mission since the moratorium was lifted.
The ambassador recalled a milestone trip in March 2023 to Western Australia, where Philippine officials and companies visited mining sites, including Kalgoorlie’s iconic Super Pit.
Yu emphasized that Australia’s expertise in mining, backed by strong environmental and community frameworks, positions it as a valuable partner in the Philippines’ mining resurgence.
“We have a track record in showing the Philippines how mining can be done responsibly,” she said.
Mining is one of several sectors where Australia sees potential for deeper collaboration with the Philippines, alongside agrifood, green energy, education, and digital economy.
