Optimism by Australian investors in PH mining

There is a good report from AusTrade.

Ms. Journet here refers to Elodie Journet, Austrade’s Senior Trade and Investment Commissioner to the Philippines and Micronesia.

Australia is a good source of investments and equipment in mining for the PH because the mining industry there is mature, developed and modern. It is rich in both metallic and non-metallic products and they don’t have those manual, small-scale mining that are labor-intensive and productivity is low.

Good opportunity also for PH mining firms to learn more how they do it down under, and for PH environmental regulators and legislators to learn how the Australian government balances high mining output and revenues and environmental protection.

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