US, PH stakeholders sign MOU on minerals sector technical aid

The Philippine Nickel Industry Association (PNIA) has signed a Memorandum of Understanding on the operationalization of a P280million Us-funded technical assistance to help establish the Philippines’ positioning as a major global value chain player in the clean energy sector by maximizing the country's mineral potential and increasing value addition through mineral processing.

The technical assistance under the Partnership for Sustainable Development and Investment in Mineral Extraction and Processing is spearheaded by the University of the Philippines Public Administration Foundation (UPPAF).

PNIA signed the agreement at the US Ambassador's Residence in Baguio City on Thursday, Nov. 16, together with the Department of Environment and Natural Resources (DENR) Secretary Maria Antonia Yulo-loyzaga, Antired Tape Authority (ARTA) Director General Ernesto V. Perez, officials from the Department of Interior and Local Government, Department of Trade and Industry, and Department of Finance (DOF), Dr. Enrico Basilio, Chief of Party of USAID'S Regulatory Reform Support Program for National Development (RESPOND) Project, and the Chamber of Mines of the Philippines (COMP).

At the signing ceremony, PNIA Chairman Antonio L. Co expressed the nickel industry association’s gratitude for becoming a partner and collaborator in accelerating the development and advancement of the Philippines’ critical minerals sector. Co said the partnership will also enhance consultation mechanisms between the government and the private sector.

“The partnership is a significant boost to PNIA’S industry promotion and development efforts, aiming to enhance the competitiveness of the nickel industry and attract investors by improving ease of doing business and ensuring a predictable regulatory environment,” he said.

PNIA, a non-stock non-profit association established in 2012, is the single voice of the industry in championing and positioning the nickel development sector as a globally competitive and responsible driver of inclusive and sustainable economic growth in the Philippines.

Co said that the MOU signing was a significant follow-through to the high-level meetings and roundtable sessions with the DENR, DTI, DOF, and

USAID this year. He also cited the UPPAF-USAID for involving ARTA in the partnership, as their mandate and expertise can significantly improve governance and processes in the mining sector.

PNIA members, representing almost 50 percent of the nickel mining industry, are committed and ready to contribute their technical expertise, best practices, and industry experience. (Bernie Cahiles-magkilat)