MANILA, Nov 15 — The Association of Southeast Asian Nations (Asean) is pushing for the development of a critical minerals strategy to capture greater value from the region’s vast mineral resources, Philippine News Agency (PNA) reported.
In a declaration issued Sunday, Asean said the strategy would provide strategic direction for regional cooperation across the critical minerals value chain.
It would also identify regional value chains and investment opportunities while strengthening Asean’s position as a resilient, competitive and sustainable hub for critical minerals.
Asean member-states recognised the region’s opportunity to maximise its mineral resources by strengthening regional capabilities across the value chain, from responsible and sustainable exploration and extraction to processing, refining, manufacturing and recycling.
