Insight
Future remains uncertain for copper projects in the Philippines
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
The removal of Regina Lopez, the controversial head of the Philippines' Department of Environment and Natural Resources (DENR), will not eliminate the high risk associated with the development of new open-pit copper-gold projects in the country. We have four advanced greenfield copper projects in the Philippines on our list of future probable and possible supply projects: Mabilo, Kingking, Siangan and Tampakan. These projects are all planned open-pit mines producing a copper concentrate product (with Kingking also having an SxEw component). We estimate the combined potential copper supply from these projects could reach more than 600 ktpa copper in 2026 – a significant volume in a world expected to be fundamentally short on copper by this time.
Table of contents
- Good geology, bad politics
- Large copper projects most at risk
- Ownership mitigates risk perception
-
Uncertain future
- Copper project details and ownership
Tables and charts
This report includes the following images and tables:
-
Philippines mines and projects (copper and gold)Future remains uncertain for copper projects in the Philippines: Table 1
What's included
This report contains:
Other reports you may be interested in
Insight
Q1 2026 pre-FID project tracker: LNG expansion projects approved but investment plans set for disruption
Our Q1 2026 outlook for global pre-FID upstream projects.
$6,750
Asset Report
Coral Bay nickel operation
A detailed analysis of the Coral Bay nickel operation.
$2,250
Asset Report
Tampakan gold mine project
A detailed analysis of the Tampakan gold mine project.
$2,250
