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International Business Times
International Business Times
Business

Philippines' Palawan Approves 50-year Ban On New Mining Permits

A Philippine provincial government has voted in favour of a 50-year ban on new mining permits (Credit: AFP)

The local government in a resource-rich Philippine province has unanimously voted in favour of a 50-year ban on new mining permits, a decision its supporters said cannot be overridden by Manila.

Palawan province, a UNESCO "biosphere reserve" known for its diverse flora and fauna, has become a hotbed for mining as the national government seeks to widen its market share for minerals like nickel, a key component of electric vehicle batteries.

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