Browse iron mining mines in The Philippines by region—including Antique, Aurora, Bataan.
According to data from the World Bureau of Metal Statistics, the production volume of iron ore in the Philippines was about 77.5 thousand metric tons in 2021. Production of iron ore in...
Iron ore is one of the most important mineral resources in the Philippines with an estimated total iron ore reserve capacity of over 5 billion MT as per data released by Mines and Geosciences Bureau in 2019.
in 2019, the Philippines' total exports, by value, increased by 1.5% to $70.3 billion from $69.3 billion in 2018. exports of mineral products, which accounted for 6.4% of total exports, increased in value by 10.8% to $4.48 billion.
iron and steel imports increased by 27% to $4.22 billion; metalliferous ore, by 335% to $1.93 billion; metal products, by 24% to $1.79 billion; nonmetallic mineral manufactures, by 13% to $1.38 billion; and nonferrous metals, by 17% to $1.20 billion (Philippine statistics Authority, 2018b, 2019).
Other metals, such as silver, copper, chromite and iron ore had lower output," Chamber of Mines of the Philippines (COMP) spokesperson Rocky Dimaculangan said.
The collective values of silver, chromite, and iron ore accounted for 1.61 percent at P3.84 billion.
Last December, Apollo Global Capital's (PSE: APL) subsidiary, JDVC Resources Corporation, announced that Department of Environment and Natural Resources granted them a permit to start the commercial operations of the country's first offshore magnetite iron mining project.
Philippines imports Iron Ore primarily from: Brazil ($405M), Canada ($23.8M), Australia ($1.44M), Indonesia ($361k), and Japan ($251k). The fastest growing import markets in Iron Ore for Philippines between 2021 and 2022 were Japan ($14k), New Zealand ($8.8k), and …
The collective values of silver, chromite, and iron ore accounted for 1.61 percent at P3.84 billion.
