Rrpp

The Rapu-Rapu Polymetallic Project (RRPP) produces copper and zinc concentrates, with gold and silver by-products, making the pioneer polymetallic mine established under the new mining law. RRPP is the largest private enterprise in Albay, with investments of over US$100 million. Together with its contractors, the mine employs over 1,500 persons, of whom almost eighty percent (80%) come from the Bicol region (as of January 31, 2012). The Project is jointly operated by the Rapu-Rapu Minerals, Inc.(RRMI) and the Rapu-Rapu Processing, Inc.(RRPI). In October 2008, three shareholders, LG International (LGI), Korea Resources Corp.(KORES), and Malaysia Smelting Corp.(MSC) invested in RRPP and restarted its operations; guided by commitments to responsible mining for sustainable development, to respect the interest of all stakeholders, and to develop partnerships to realize socio-economic progress for the country. The mine site is situated at the eastern tip of the island of Rapu-Rapu, about 45 kilometers from Legazpi City in the mainland of Albay. Rapu-Rapu Island, which consists of narrow coastal plains (12 % of the land area), rolling-to-steep slopes (81% of the land area) and very steep slopes and mountains (2.3% of the land area), has been host to mining projects since pre-war years, on account of its mineral wealth.