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The US and Japan have an ambition to transform the Philippines into a critical minerals powerhouse and cut their reliance on China as part of a broader economic partnership, but analysts warn that a lack of commitment by Manila to introduce comprehensive reforms and tackle corruption could hamper the goal.

A report by the US-based think tank Centre for a New American Security (CNAS) said cooperation between the three countries was central to leveraging the Philippines’ vast potential as a source of critical minerals and rare earths to strengthen Washington’s regional deterrence.

“The United States and Japan are already among the Philippines’ top trading partners, but there are opportunities to enhance trade and investment ties in energy, infrastructure, telecommunications and critical minerals,” it said.

Read more at: https://www.scmp.com/week-asia/economics/article/3349421/can-philippines-become-critical-minerals-powerhouse-help-us-japan