THE Board of Investments (BOI) and the Department of Science and Technology’s Metals Industry Research and Development (MIRDC), along with the Philippine Council for Industry, Energy and Emerging Technology Research and Development (PCIEERD) have agreed to conduct a feasibility study on boosting the local production of iron using the country’s indigenous mineral resources.

The study is being conducted in line with the goal of the Iron and Steel Roadmap for the Philippines to be able to locally produce iron and possibly reductants using available indigenous mineral resources, and eventually integrate them with existing steel making infrastructures.