Philippines' Tampakan Copper Project Faces Local Opposition Amid Electric Vehicle Demand
The Tampakan copper project in the Philippines, developed by SMI, faces significant local opposition despite national government approval to proceed. Local activists, including the Catholic Church and the Alliance Against Mining, argue against potential environmental impacts and stress the importance of protecting the region's resources. The project, linked to Indophil Resources and potentially involving Chinalco, has gained renewed interest as copper prices rise amid the global shift towards electric vehicles. However, local bans and community resistance complicate its future.
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The Tampakan copper project in the Philippines, developed by SMI, is facing opposition from local groups despite national government approval. Activists, including the Catholic Church and the Alliance Against Mining, emphasize environmental concerns and the necessity to protect local resources.
Ownership has shifted to Indophil Resources after Glencore's withdrawal in 2015. The project gained traction after the 2017 open-pit mining ban was reversed in 2021. Reports in 2024 indicate that Chinalco may consider investing in the project, valued around US$2 billion. The mine remains controversial and heavily contested at the local level.
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