Philippines Mineral Production Exceeds P200 Billion in H1 2026
The Philippines' metallic mineral production surpassed P200 billion in H1 2026, primarily due to significant increases in gold and nickel prices. The overall production value reached P202.18 billion, a 41% rise from P142.99 billion in H1 2025, indicating strong market dynamics.
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In the first half of 2026, the Philippines recorded P202.18 billion in metallic mineral production, reflecting a 41% increase from P142.99 billion in 2025. Gold contributed P114.5 billion, while nickel direct shipping ore accounted for P42.17 billion.
Notably, gold production value surged by 42% despite a 12% drop in output volume, totaling 12,771 kilos. Nickel ore production increased by 25%, reaching 19.24 million dry metric tons. The value of copper concentrate rose slightly to P13.85 billion, while mixed nickel-cobalt sulfide production value climbed 55% to P27.96 billion. The rise in commodity prices may mitigate concerns over declining output volumes.
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