Jaybee Garganera of Alyansa Tigil Mina says there will be a failure of governance when powerful politicians are behind mining corporationsJaybee Garganera of Alyansa Tigil Mina says there will be a failure of governance when powerful politicians are behind mining corporations

‘Call of the times’: Environmentalists urge passage of anti-dynasty law

2025/12/11 14:13
3 min read

MANILA, Philippines – A coalition challenging large-scale mining called on the government to pass an anti-dynasty law, echoing a broad progressive movement in protest of the political dynasties connected to the corruption scandal in the country.

“When politicians are beneficial owners or when politicians are part of the value chain of mining operations, we cannot expect compliance with environmental laws and other regulatory policies,” said Jaybee Garganera, national coordinator of Alyansa Tigil Mina (ATM), on Thursday, December 11.

Advocacy watchdog Global Witness and ATM released a report Thursday linking nickel mined in the Philippines to leading manufacturers of electric vehicles.

The report traced ties between Marcventures Mining and Development Corporation – linked to the President’s cousin and former House Speaker Martin Romualdez – and Chinese metal traders supplying materials for carmakers. Marcventures operates a nickel mine in Surigao del Sur covering 4,799 hectares.

“There will be failure of governance where powerful politicians are behind [these] mining [corporations],” Garganera said, adding that they have been recommending the passage of such a law as a response to the “call of the times” when the country is mired in the flood control corruption controversy. (READ: Tracing the money, exposing the network: A year of Rappler investigations)

President Ferdinand Marcos Jr. already had the anti-dynasty bill on top of his priority legislation. A day before the Palace announcement, the Anti-Dynasty Network was launched.

Must Read

Martin Romualdez and his mining interests

Transparency in extractive industry

Aside from the anti-dynasty law, Garganera said they are also advocating for a bill on extractive industry transparency to “force” firms into disclosing contracts, payments, and the beneficial owners of the companies.

Transparency on the value chain of extractive industries can help watchdogs monitor if manufacturers are assessing risks to human rights and environment.

The report included anecdotes of fishers and farmers in Cantilan, a town in Surigao del Sur, affected by Marcventures’ mining operations. Interviews in the report tell of a decrease in fish stocks, polluted irrigation canals, and deforestation.

“Our investigation found that communities and the environment are being sacrificed on the road to net-zero,” said Hannah Hindstrom, lead investigator at Global Witness, on Thursday.

“Downstream companies, mostly in the global north, extract enormous profits from the Philippines’ nickel industry. But people on the ground pay a heavy, heavy price. Only robust rules that hold the most powerful accountable can help create a fairer and more just world,” Hindstrom added.

The Philippines is the second-largest producer of nickel in the world, following Indonesia. Nickel is among the top minerals needed for the global shift to renewables, along with lithium, cobalt, and copper. – Rappler.com

Market Opportunity
Mina Protocol Logo
Mina Protocol Price(MINA)
$0.05883
$0.05883$0.05883
-2.09%
USD
Mina Protocol (MINA) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Exploring Market Buzz: Unique Opportunities in Cryptocurrencies

Exploring Market Buzz: Unique Opportunities in Cryptocurrencies

In the ever-evolving world of cryptocurrencies, recent developments have sparked significant interest. A closer look at pricing forecasts for Cardano (ADA) and rumors surrounding a Solana (SOL) ETF, coupled with the emergence of a promising new entrant, Layer Brett, reveals a complex market dynamic. Cardano's Prospects: A Closer Look Cardano, a stalwart in the blockchain space, continues to hold its ground with its research-driven development strategy. The latest price predictions for ADA suggest potential gains, predicting a double or even quadruple increase in its valuation. Despite these optimistic forecasts, the allure of exponential gains drives traders toward more speculative ventures. The Buzz Around Solana ETF The potential introduction of a Solana ETF has the crypto community abuzz, potentially catapulting SOL prices to new heights. As investors await regulatory decisions, the impact of such an ETF on Solana's value could be substantial, potentially reaching up to $300. However, as with Cardano, the substantial market capitalization of Solana may temper its growth potential. Why Layer Brett is Gaining Traction Amidst established names, a new contender, Layer Brett, has started to capture the market's attention with its early presale stages. Offering a low entry price of just $0.0058 and promising over 700% in staking rewards, Layer Brett presents a tempting proposition for those looking to maximize returns. Comparative Analysis: ADA, SOL, and $LBRETT While both ADA and SOL offer stable investment choices with reliable growth, Layer Brett emerges as a high-risk, high-reward option that could potentially offer significantly higher returns due to its nascent market position and aggressive economic model. Initial presale pricing lets investors get in on the ground floor. Staking rewards currently exceed 690%, a persuasive incentive for early adopters. Backed by Ethereum's Layer 2 for enhanced transaction speed and reduced costs. A community-focused $1 million giveaway to further drive engagement and investor interest. Predicted by some analysts to offer up to 50x returns in coming years. Shifting Sands: Investor Movements As the crypto market landscape shifts, many investors, including those traditionally holding ADA and SOL, are beginning to diversify their portfolios by turning to high-potential opportunities like Layer Brett. The combination of strategic presale pricing and significant staking rewards is creating a momentum of its own. Act Fast: Time-Sensitive Opportunities As September progresses, opportunities to capitalize on these low entry points and high yield offerings from Layer Brett are likely to diminish. With increasing attention and funds being directed towards this new asset, the window to act is closing quickly. Invest in Layer Brett now to secure your position before the next price hike and staking rewards reduction. For more information, visit the Layer Brett website, join their Telegram group, or follow them on X by clicking the following links: Website Telegram X Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Bitzo, nor is it intended to be used as legal, tax, investment, or financial advice.
Share
Coinstats2025/09/18 18:39
Tests 50-day EMA barrier near 183.00

Tests 50-day EMA barrier near 183.00

The post Tests 50-day EMA barrier near 183.00 appeared on BitcoinEthereumNews.com. EUR/JPY remains steady after three days of gains, trading around 182.70 during
Share
BitcoinEthereumNews2026/02/23 17:03
Moonshot MAGAX vs Shiba Inu: The AI-Powered Meme-to-Earn Revolution Challenging a Meme Coin Giant

Moonshot MAGAX vs Shiba Inu: The AI-Powered Meme-to-Earn Revolution Challenging a Meme Coin Giant

Discover how Moonshot MAGAX’s AI-powered meme-to-earn platform outpaces Shiba Inu with innovative tokenomics and growth potential in 2025.
Share
Blockchainreporter2025/09/18 03:15