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Pasar purchase to boost Villar's mining business
The Philippine Star
|July 10, 2025
The Villar Group is expected to bolster its mining business with the potential purchase of the Philippine Associated Smelting and Refining Corp. (PASAR) from global commodities trading giant Glencore.
Bloomberg has reported that Glencore would sell PASAR, the only copper smelter and refinery in the Philippines, to the Villar family.
The STAR reached out to the Villar Group but they declined to comment.
A representative of Glencore also said that the company is not commenting on the matter.
Cette histoire est tirée de l'édition July 10, 2025 de The Philippine Star.
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