Pakistan Minerals and Mining Updates

[Ali_Baba]

$500 million is a very small amount.

Yep - the glass cup is half full ...

 

[alphapak]

$500 million is a very small amount.

Its a small amount for Pakistan but big amount for the Generals.

This money will be siphoned off to USA/Europe and Middle east for property and business.

 

[Saifullah]

Pakistan should set up industries to do value added work to these minerals in Pakistan then export to USA.

 

[Trailer23]

$500 million is a very small amount.

Yeah, but its enough to get your Sex Change Operation done.

 

[mythbuster]

$500 million is a very small amount.

Change your name to Gregor Samsa... that would be a good portrayal of you.

 

[hydrabadi_arab]

This news doesnt make any sense. Unless I missed the work being done to mine critical minerals. I though we were looking for investors? Or maybe these are just small samples?

US company will test them and then get back with results.

 

[Zarvan]

Beautiful......gave em to the US but not to China.

China already has them. Who you think was USA buying from before us?

 

[313Ghazi]

I think right now they're exporting raw ore, same shit we do with our pink salt.

But i read in the news that an american conpany signed 500 million deal where they will setup a facility to export concentrates from Pakistan. Not sure when that factory will be setup and where exactly.

I hope we start adding value to our exports.

Yep, this is the way, otherwise we'll be no better off than all the African countries exporting raw minerals. A few rich dictators and everyone else paying for the consequences.

 

[shanipisces2002]

as stated earlier by one of our esteemed member all of that money will go in generals deep pocket.
nothing will be spend on Pakistan infrastructure.

 

[Samlee]

Pakistan Dispatches First-Ever Shipment of Rare Earth and Critical Minerals to United States Under Landmark $500M Agreement

/PRNewswire/ -- In a historic milestone for bilateral cooperation, Pakistan has successfully delivered its first batch of enriched rare earth elements and...

www.prnewswire.com

You see now here is the problem,there is so much opaqueness about the agreement involving we don't know what is going on unlike reko diq in which everything is on record

Because of this,there is reason to suspect underhand dealings

 

[hydrabadi_arab]

Pakistan Dispatches First-Ever Shipment of Rare Earth and Critical Minerals to United States Under Landmark $500M Agreement

/PRNewswire/ -- In a historic milestone for bilateral cooperation, Pakistan has successfully delivered its first batch of enriched rare earth elements and...

www.prnewswire.com

You see now here is the problem,there is so much opaqueness about the agreement involving we don't know what is going on unlike reko diq in which everything is on record

Because of this,there is reason to suspect underhand dealings

That sound like fake news. At best they exported some samples. MoU was signed month ago, its not even a agreement yet.

Mining take years.

 

[brazensword]

Money for DHA Gaza?

 

[mythbuster]

What a pathetic display of ignorance by the worshippers of Messiah !

 

[Sam6536]

I don't know the intricacies of this deal but selling raw materials is never profitable, selling the final product with involvement of industrial process is always valuable.

It's not that the US doesn't have its own reserves but why deplete your own reserves when you can just buy it.

 

[Watandar]

Is this the first time Pakistan has exported rare earths ?