On the sidelines of the World Economic Forum (WEF) organized sessions, President Ferdinand R. Marcos Jr. and Trade Secretary Alfredo Pascual met with Mr. Gary Nagle, Chief Executive Officer (CEO) of Glencore, on Tuesday to discuss the company’s interest to expand mining and processing operations in the Philippines.

Glencore, a Swiss multinational company, is one of the largest and globally diversified natural resource companies in the world. They see the Philippines as a potential partner to process nickel and copper resources responsibly and sustainably for use in electric vehicle batteries and energy storage units, among others.