BusinessAugust 22, 2026
chromite
KROH-mayt
Definition
A dark, heavy mineral that is the primary source of chromium, which is an essential element in industrial manufacturing.
Etymology
Derived from the Greek word 'chroma,' meaning 'color,' because of the mineral's distinctively colored chemical compounds. The suffix '-ite' is added to denote a geological mineral.
In the news
The article lists chromite alongside nickel and copper as one of the abundant critical mineral resources found in the Philippines that the new executive order aims to exploit and process.
Marcos EO puts focus on PH critical minerals
Read the full article ↗Inquirer.net