With Its Nickel Advantage, Can The Philippines Become An EV Battery Powerhouse? - CleanTechnica

The Philippines holds a significant geological advantage in the global electric vehicle (EV) revolution as one of the world’s largest nickel producers, accounting for about 25% of global supply with 430,000 metric tons produced in 2024. However, the country currently exports 90% of its nickel as raw ore, missing out on the higher-value midstream and downstream processing stages that convert nickel into battery-grade materials essential for EV batteries. Nickel is a critical component in lithium-ion batteries, particularly in Nickel Manganese Cobalt Oxide (NMC) cells, which offer high energy density and driving range. The Philippines also produces around 3% of global cobalt, further positioning it to develop NMC-based battery production despite a market trend toward Lithium Iron Phosphate (LFP) cells for cost reasons. To capitalize on its nickel resources, experts suggest the Philippines enforce raw ore export bans by 2025 and invest in hydrometallurgical processing technologies like High Pressure Acid Leaching (