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LX International Becomes the First Korean Company to Receive Official Certification for ‘Overseas Mine Environmental Rehabilitation’

- Completion of environmental rehabilitation at the Rapu-Rapu copper mine in the Philippines, with official certification by the Philippine government

- First case of a Korean company obtaining official certification for overseas mine environmental rehabilitation

- Proof of feasibility in parallel mine development and rehabilitation, presenting a model for sustainable mining



LX International (CEO Yoon Chun-sung) has completed the environmental rehabilitation of the Rapu-Rapu copper mine in the Philippines and received official certification from the Philippine government.


This marks the first time since the enactment of the Philippine Mining Act of 1995, which made mine rehabilitation mandatory, that the government has officially verified and certified the fulfillment of a Final Mine Rehabilitation and Decommissioning Plan (FMRDP). It is also the first case of a Korean company completing environmental rehabilitation at an overseas mine and receiving formal approval from the local government.


On the 21st, LX International announced that it received the ‘Certificate of Final Relinquishment’ for the Rapu-Rapu mine from the Mines and Geosciences Bureau(MGB) under the Department of Environment and Natural Resources(DENR) of the Philippines. A signing ceremony commemorating this milestone was held on the 20th at the MGB headquarters in Manila, attended by MGB Director Michael Cabalda and other Philippine government officials.


LX International acquired the Rapu-Rapu mine in 2008 and produced copper and zinc there, beginning full-scale environmental rehabilitation efforts in 2018. During the rehabilitation process, the company worked with local communities to restore soil and water quality and rehabilitate ecosystems. It also improved living infrastructure in nearby villages, built an elementary school, and provided scholarships to support local students’ access to higher education.


Industry observers in the Philippines view this case as a significant turning point for the country’s mining sector. Director Cabalda stated, “We are grateful to LX International for its responsible environmental rehabilitation efforts. This is a model case of sustainable development and environmental restoration driven by corporate accountability, as well as an exemplary case of coexistence with local communities. We will continue to actively cooperate with LX International’s resource business in the future.”


An LX International official commented, “This achievement was made possible through collaboration among the company, the community, and government institutions. It proves that responsible mine development can be conducted alongside environmental rehabilitation, presenting a direction for sustainable natural resources development.”


Looking ahead, LX International plans to continue expanding its sustainable resource business. The company is pursuing additional nickel asset acquisitions to enhance productivity at the AKP nickel mine in Indonesia, acquired in 2024, while also considering mid- to long-term copper investments in the Philippines and other regions to diversify its portfolio.


The Philippines, one of the world’s major copper-rich countries, also holds abundant reserves of nickel (6th globally), cobalt (5th), and gold. To capture these opportunities, LX International established a new Manila branch earlier this year to expand its business presence.


The company is also strengthening its ESG management by building environmental management systems, complying with domestic and international environmental regulations, and minimizing environmental impacts across operations.


 

(Photo) Before and after views of the environmental rehabilitation of the Rapu-Rapu copper mine in the Philippines


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