PSIC 2019 · Class

Mining of iron ores

Capped at 40%

This class covers the mining of ores that are primarily valued for their iron content, as well as the processes of beneficiation and agglomeration of these iron ores.

Includes

Mining of ores valued chiefly for iron content
Beneficiation and agglomeration of iron ores

Excludes

Extraction and preparation of pyrites and pyrrhotite (except roasting) 0891

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07100Mining of iron ores

Details

Level: Class
Section: B Mining And Quarrying
Parent: 071

Sector statistics

Employed persons: 351.3K persons(May 2026)

Whole PSIC section B (not specific to this code). Source: PSA Labor Force Survey, May 2026.

Industry size

Establishments: 200(2017)
Employment: 32,125 persons(2017)
Revenue: ~₱145.8B(2017)

Figures are for PSIC section B (the nearest level PSA surveys), not this specific code. Source: PSA OpenStat, Annual Survey of Philippine Business and Industry (ASPBI), 2017. Revenue figures are approximate.

Guides from Emerhub

Set up in the Philippines

Emerhub runs the SEC and BIR filings for a foreign-owned corporation, a local corporation with structured control, employer of record, or product holding, whichever fits PSIC 0710.