China’s mining occupation of the Philippines

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While China’s brazen occupation of the Philippines’ Scarborough Shoal, located just 125 nautical miles from Masinloc, Zambales, has captured all the national and international attention, little has been mentioned about China’s occupation of the Philippine mining industry, an entirely different issue from the Filipino Chinese (“Chinoys”) domination of the Philippine economy.

For example, one of China’s vast army of mining companies operating almost under the radar in the Philippines is located near the Scarborough Shoal in the coastal town of Masinloc where China’s Wei-Wei Group has set up a US$100 million nickel processing plant. In nearby Botolan, Zambales, China’s Jiangxi Rare Earth and Rare Metals Tungsten Group Company Limited operates a US$150 million nickel exploration and cobalt processing project.

Read More: http://globalnation.inquirer.net/59379/chinas-mining-occupation-of-the-philippines

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