PSIC 2019 · Class

Gold and other precious metal refining

Open to 100%

This activity involves the refining of gold and other precious metals to obtain pure metal for further use.

Includes

Refining of gold
Refining of silver
Refining of platinum
Refining of palladium

Excludes

Mining of gold and other precious metals
Manufacturing of jewelry from precious metals

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The foreign-ownership rule, capital, licenses, and setup route are shown on each specific sub-class. Pick the one that matches your activity.

24210Gold and other precious metal refining

Details

Level: Class
Section: C Manufacturing
Parent: 242

Sector statistics

Employed persons: 3.6M persons(May 2026)

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

Industry size

Establishments: 23(2017)
Employment: 2,116 persons(2017)
Revenue: ~₱124.7B(2017)

Figures are for PSIC group 242 (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 2421.