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​Philippine president says he wants to end exports of unprocessed minerals

( July 25, 2017, 03:36 GMT | Official Statement) -- MLex Summary: During his second State of the Nation Address, Philippine President Rodrigo Duterte said he wants the country's mineral resources to be processed domestically before being exported. Ahead of a tirade against mining companies that he said only enriched themselves and did not benefit local communities, Duterte said he wants to stop the extraction and exportation of mineral resources to foreign nations for processing abroad, and importing them back to the Philippines in the form of consumer goods at prices twice or three times the value of the original raw materials.Relevant excerpts of the president's speech follow: ...

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