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Semirara Mining and Power Corp. (SMPC), the country’s largest coal miner, continued to post record-high shipments for two straight years in 2024, with local and outbound shipments of 16.5 million metric tons (MT).
SMPC reported Tuesday that coal shipments increased by 15.8 million MT in 2023.
“For the third consecutive year, we have hit our maximum coal production of 16 million metric tons under our existing Environmental Compliance Certificate (ECC). This milestone underscores the SMPC team’s dedication and commitment to meet rising local and global energy demand,” SMPC president, chief operating officer and chief sustainability officer Maria Cristina Gotianun said in a statement
Stronger demand from China boosted SMPC’s outbound coal shipment last year, with exports to China reaching 7.6 million MT, up by 46 percent.
Ninety percent of SMPC’s foreign shipments in 2024 went to the East Asian country.
Total coal exports of the listed firm last year reached 8.4 million MT, increasing by 4 percent.
Domestic shipments of SMPC, likewise, improved by 4 percent to 8 million MT due to higher sales to local cement companies and Calaca power plant.
SMPC mentioned that 20 percent of the 1.3 million MT sold to cement production facilities were supplied to its sister company Cemex Holdings Philippines, Inc., which was recently bought by their parent firm, DMCI Holdings, Inc.
“While we anticipate market prices to further normalize in 2025, we remain focused on strengthening our customer network and enhancing operational efficiencies to effectively support national energy security and meet the growing demand from the industrial and cement sectors,” Gotianun added. By Kris Crismundo
Article courtesy of the Philippine News Agency
The Philippine government has secured an official development assistance (ODA) loan from the Republic of Korea, through the Export-Import Bank of Korea (KEXIM), for the Laguna Lakeshore Road Network (LLRN) Project Phase 1 Stage 1, the Department of Public Works and Highways (DPWH) reported on Saturday.
The loan, valued at USD905.26 million, will support civil works implementation by the DPWH of the flagship project under the Build Better More program of President Ferdinand R. Marcos Jr.
Civil works for the LLRN Project are set to begin this year, with completion anticipated by 2029.
The project is expected to significantly enhance economic productivity and foster positive change in the Calabarzon Region and the broader National Capital Region.
The ceremonial exchange of the loan agreement took place Friday at the Department of Finance (DOF) press briefing room in Manila.
It was attended by KEXIM executive director Um Sung-Yong, DPWH Secretary Manuel Bonoan, Korea’s Ministry of Economy and Finance First Vice Minister Kim Beom-Seok, and DOF Undersecretary Joven Balbosa.
In a statement, Bonoan expressed gratitude to KEXIM for its ongoing partnership in supporting the Philippines’ infrastructure development goals.
He also highlighted the importance of the LLRN Project in enhancing connectivity and economic opportunities, particularly in the Luzon economic corridor, a vital region for national growth and regional integration.
Meanwhile, DPWH Senior Undersecretary Emil Sadain, who oversees the agency’s flagship infrastructure projects, emphasized that the road project in the shorelines of the Laguna Lake will address severe traffic congestion in the area, including a portion of the South Luzon Expressway.
The multimillion-dollar project aims to provide safer, faster, and more convenient travel, boosting tourism development and economic growth in the surrounding areas of Metro Manila, Laguna, Rizal, Cavite, and Batangas.
The Phase I Stage 1 includes a 7.94-kilometer road, consisting of 6.81 kilometers of viaduct/bridge and 1.13 kilometers of embankment, along with three interchanges, along with 1.92 kilometers of slip roads.
“This transformative project marks a major milestone in our long-term vision to create a sustainable, resilient, and efficient road network that will benefit generations of Filipinos,” Sadain said.
The DPWH Unified Project Management Office - Roads Management Cluster II will lead the implementation of the project, with support from Korean experts who will oversee construction supervision during Stage 1. By Ferdinand Patinio
Article courtesy of the Philippine News Ageny
President Ferdinand R. Marcos Jr. has signed into law a measure establishing a framework for the development of the country’s natural gas industry.
Marcos signed Republic Act (RA) 12120 or the Philippine Natural Gas Industry Development Act on Jan. 8, a copy of which was uploaded to the Official Gazette on Tuesday.
The new law seeks to establish the Philippine Downstream Natural Gas Industry and increase the share of natural gas in the country’s energy mix by promoting it as a safe, efficient, and cost-effective source of energy and an indispensable contributor to energy security.
Likewise, RA 12120 offers incentives to boost investments in the Philippine natural gas industry by allowing the entry of investors under a system of competition, transparency and fair trade, and by providing responsive policy support, with the end goal of attaining low cost energy prices pursuant to RA 7638 or the Department of Energy Act of 1992.
The new law is also seen to help the Philippines meet the increasing local demand for fuel, and develop the country as a Liquefied Natural Gas (LNG) trading and transshipment hub within the Asia-Pacific Region.
Under the Marcos administration, the government has adopted a more aggressive stance to increase renewable energy in the country.
‘Significant step’
Senator Pia Cayetano thanked President Marcos for signing the landmark legislation, saying “this is a significant step toward energy security.”
“By enacting the Natural Gas Industry Development Act, we move closer to our vision of a more energy-secure Philippines that harnesses its own natural resources for the benefit of the Filipino people,” Cayetano said in a news release.
“With this law, we empower families, we empower the Filipino people."
Cayetano, chairperson of the Senate Energy Committee, said she principally authored and sponsored the bill in the Senate.
Citing the stability and generally lower prices of indigenous natural gas compared to the volatility of imported sources, Cayetano said securing a steadier, more reliable local supply will reduce the country’s vulnerability to global disruptions and address future energy demands.
"With more than half of our energy requirements being imported, we are clearly vulnerable to geopolitical conflicts," she said. By Darryl John Esguerra
Article courtesy of the Philippine News Agency
The recent October monthly meeting of the Philippine Mining and Exploration Association (PMEA) was filled to capacity as industry players eagerly awaited the keynote of newly appointed Department of Environment and Natural Resources (DENR) Assistant Secretary (ASec.) for Mining Concerns and concurrent OIC Director of the Mines & Geosciences Bureau (MGB) Michael Cabalda.
In his prepared speech, ASec. Cabalda highlighted a number of initiatives including: (1) pushing a proposed Department Administrative (DAO) order articulating a policy framework that would allow the country to gain from our mineral wealth; (2) streamlining the permitting process to reduce the time to 11 months or shorter; and (3) reviewing the Small Scale Mining Act to formalize small scale miners and increase their contributions. These initiatives envision a mining industry that is not only an ore supplier but a critical player in mineral processing and downstream manufacturing.
The more spirited portion of the program was the Q&A where it was apparent that the audience was keen to hear directly from Assistant Secretary Cabalda in his first engagement with industry since his appointment.
Asked how soon the MGB will be able to implement the above policy changes, particularly the reduction of the processing period for permits, Assistant Secretary Cabalda credited DENR Secretary Maria Antonia Yulo Loyzaga for leading these initiatives, foremost of which is giving the MGB Director the authority to sign documents that previously needed to be cleared. He also spoke about a more active MGB with respect to the pricing of nickel, statistics on safety and environment, among others.
Most encouraging was his assurance “Help me out and I’ll try to deliver and give you what you need.” He added that the “MGB is your partner. We will be with you when you do your work.” His warning “and we will punish you when you don’t” drew laughter from the crowd.
A recurring theme was the need for communication between the government and the private sector and institutionalizing a mechanism for government to address problems raised by industry. A suggestion to hold regular dialogs with industry was well received.
In addition, Asec. Cabalda expressed the need to touch base with his ‘council of elders’ or the MGB old-timers who possess the institutional knowledge and experience to be applied to (not-so-new) issues. This is expected to promote consistency in the MGB’s interpretation and application of issuances across the different regional offices. He likewise reiterated that he intends to build on what MGB, and the regional directors have done.
Another key strategy is to digitize all records and information to eliminate the current antiquated paper-based system. With information being available online and available in real time, there will be greater transparency, as well as identification of where the bottlenecks are.
As Asec. Cabalda discussed the need for coordination with other government agencies, particularly the National Commission on Indigenous Peoples and the Department of Interior and Local Government, I recalled his comments (prior to his appointment) during the May 2024 “Mining Summit” where he said that there is no need to reinvent the wheel as there is an existing and comprehensive Minerals Action Plan prepared by the Minerals Development Council back in 2004, with specific and detailed items to address the identified challenges. Even 19 years later, it is replete with implementable action items.
It bodes well that our new MGB Director is approaching his role with openness and candor. The industry can do no less by responding in kind.
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Postscript: Due to family commitments, I missed the Chamber of Mines’ “Digging Deeper” Policy Forum and will also miss, for the first time in recent years, PMSEA’s Annual National Mine Safety and Environment Conference (ANMSEC).
The ANMSEC has always been an opportunity for Diwata-Women in Resource Development to contribute to the discussion of important mining issues, as well inviting the participation of the ambassadors of countries which are developed mining jurisdictions.
One particularly memorable event for me was our 2012 forum featuring the Deputy Mineral Resources Minister of South Africa, Godfrey Oliphant. He was a fiery and outspoken advocate for mining, despite his once being a member of South Africa’s Communist Party. His story of how he came to realize the important role that mining played in South Africa’s economy was the perfect counterpoint to the student activists who had met him in UP Baguio.
Recognizing the contribution of taxpayers to local economic growth, the Local Government Unit of Claver named Taganito Mining Corporation (TMC) as the Overall Top Taxpayer for 2023 during its Garbo nan Claver Awards & Stakeholders’ Night on September 7, 2024.
TMC also received the Top Taxpayer Award for the Mining Category, ranked 7th for the Mining Contractors Category, and was awarded the 2024 Sponsorship Award.
Spearheaded by the Office of the Municipal Treasurer - Business Permit and Licensing Division, the event recognized businesses that have consistently fulfilled their tax obligations, playing a vital role in the municipality's growth and development.
Mayor Georgia Gokiangkee of the Municipality of Claver expressed her gratitude to the outstanding taxpayers and barangay treasurers in the municipality for their diligence in paying taxes, which benefits the municipality through projects and programs for the people of Claver.
“Tax is the lifeblood of the government. Kon wayay buwis, waya sab kitay mahimo. Ugsa husto ra gajud na ato pasidunggan an ato mga taxpayers (If there is no tax, there is nothing we can do. So it is just right that we recognize our taxpayers),” remarked Gokiangkee.
This year, Claver emerged as the Overall Most Competitive Municipality in Caraga based on the Department of Trade and Industry assessments and the Regional Competitiveness Committee for Cities and Municipalities Competitive Index in 2023.
Claver also ranked 3rd for Overall Most Competitive LGU nationwide in the 1st to 2nd class municipality category.
TMC is a subsidiary of Nickel Asia Corporation, a natural resources development company with operations in Barangay Taganito, Claver, Surigao del Norte.
MANILA, Philippines – The German-Philippine Chamber of Commerce and Industry (GPCCI), in collaboration with the German Embassy Manila, is excited to announce the 2025 Sustainability Forum: The Green Economies of Tomorrow, taking place on 31 January 2025 in Manila. This highly anticipated event will convene industry leaders, government officials, and sustainability advocates to tackle critical climate issues and uncover opportunities for sustainable growth in the Philippines. “We are delighted to provide this platform for innovation and collaboration,” said Marie Antoniette Mariano, President of GPCCI. “The event will explore opportunities in the Philippines not only in key sectors but also in creating green jobs that will drive our sustainable future.” The forum will address key topics such as Climate Action, focusing on the Philippines’ Nationally Determined Contributions (NDCs); Green Infrastructure, highlighting sustainable business solutions; and Green Jobs, exploring workforce development in a green economy.