Pakistan Minerals and Mining Updates

[AZ_HighCountry]

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.

Same as China in some areas.

 

[Samlee]

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.

See that's the problem.The deal is so opaque we don't know what is going on so you're making one assumption and I am making another

When things are hidden this much underhanded deals thrive

 

[Hakikat ve Hikmet]

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.

It'll go to the Pak Deep State, which employs almost everyone - from a priest to a prostitute - to its ends....

Pakistan needs to maintain 60 to 70% of the Bharati conventional capability, as per Merhum President Musharraf. It implies around 50 to 60b$. Therefore, the diversification of the sources for financing is required....

 

[hydrabadi_arab]

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.

First Pakistan need to extract and refine these minerals and then think about final products.

 

[SoulSpokesman]

@Hakikat ve Hikmet

It'll go to the Pak Deep State, which employs almost everyone - from a priest to a prostitute - to its ends....
Pakistan needs to maintain 60 to 70% of the Bharati conventional capability

Agreed, Hikmet bro. Everything that Pakistan earns must go to the Deep State first. If there is anything left behind it can be shared with the general populace. Pak is an Army (i.e. the Deep State) with a State, not the other way round.

Regards

 

[Distant_Observer]

@Hakikat ve Hikmet

It'll go to the Pak Deep State, which employs almost everyone - from a priest to a prostitute - to its ends....
Pakistan needs to maintain 60 to 70% of the Bharati conventional capability

Agreed, Hikmet bro. Everything that Pakistan earns must go to the Deep State first. If there is anything left behind it can be shared with the general populace. Pak is an Army (i.e. the Deep State) with a State, not the other way round.

Regards

Like your Brahmin?

 

[Sadloki]

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.

Its a big deal if its true i guess are we realy sure this is fake news ?

 

[hydrabadi_arab]

Now this make sense, small amount for lab tests. This along with Pasni port, welcome USA.

 

[ghazi52]

Pakistan delivers first shipment of rare earth elements, critical minerals to US​

BR Web Desk
October 4, 2025



Pakistan has successfully delivered its first batch of rare earth elements and critical minerals to US Strategic Metals (USSM) in the United States.

According to PRNewswire, in its first shipment, Pakistan has indigenously sourced and prepared antimony, copper concentrate, and rare earth elements with neodymium and praseodymium.

As per the report, Pakistan’s natural resources are estimated at around $6 trillion, making it one of the largest precious metals and rare earth minerals in the world.

“We see this as the first step in our exciting journey together with the Frontier Works Organisation (FWO) of Pakistan, to provide critical minerals to the United States and bolster economic trade and friendship between our two countries,” Stacy W. Hastie, CEO of USSM, stated.

Last month, USSM and FWO signed a memorandum of understanding (MoU) worth $500 million to strengthen cooperation in the critical minerals sector, marking a step toward deeper economic and strategic engagement between the two countries.

Speaking about the MoU signing, US Chargé d’Affaires Natalie Baker said, “This signing is yet another example of the strength of the US-Pakistan bilateral relationship that will benefit both countries,” the embassy said in its press release back then.

USSM, based in the US state of Missouri, is focused on producing and recycling critical minerals, which the US Department of Energy has defined as essential in a variety of technologies related to advanced manufacturing and energy production.

Earlier, Prime Minister Shehbaz Sharif, while speaking to the media in New York regarding his recent meeting with the US President, said that Trump had directed American companies to immediately invest in Pakistan.

“He instructed US companies to immediately go to Pakistan and discuss investment opportunities,” said Shehbaz.

The prime minister shared that several joint ventures were also inked with American companies.

 

[Tariq Habib Afridi]

View attachment 151452

Now this make sense, small amount for lab tests. This along with Pasni port, welcome USA.

 

[Blueishere]

They would be stupid to just export unprocessed material, but I didn't expect they would. This isn't an attempt to actually build wealth in Pakistan, it's only a way to get on the good side of the US and make a quick buck, GHQ needs Pakistanis to stay poor and uneducated.

 

[ghazi52]

Construction of the Reko Diq project

Phase-II, planned for 2034, will add $3.3 billion to raise production capacity to 90 million tonnes per annum (Mtpa), bringing the total project cost close to $10 billion.

The project, of global interest to both the US and China, is projected to generate $70 billion in net cash flow over 37 years—almost ten times Pakistan’s current foreign exchange reserves. Phase-I is expected to produce 200,000 tonnes of copper annually at a cost of $5.7 billion, with production set to begin by the end of 2028 and Phase-I completion expected in 2029.

Construction of the Reko Diq project is scheduled to begin in December 2025, with commercial operations targeted for 2028. The project’s financial model is structured around a 50:50 equity-to-debt ratio, allowing both local and international stakeholders to invest without over-leveraging. The Reko Diq Mining Company (RDMC), a special-purpose vehicle established to execute the project, includes a balanced partnership between Barrick Gold Corporation and the governments of Pakistan and Balochistan.

 

[Fatman17]

Reko Diq Sudden leadership changes at Barrick Mining Corporation, as Chairman John Thornton announced the departure of CEO Mark Bristow last week and the appointment of Chief Operating Officer Mark Hill as interim chief executive, have sparked concerns in key circles. There are growing fears that the shake-up could stall momentum and delay the project’s financial closure, expected this month.

 

[hydrabadi_arab]

KSA’s Anfal Group to set up $150m mineral complex in Punjab​

February 27, 2025

ISLAMABAD: In a positive development, the Anfal Group from the Kingdom of Saudi Arabia (KSA) is going to establish a mineral complex near Khushab in Punjab with an investment of $150 million.

Anfal Group, encompassing Anfal Cement and Anfal Rock Salt, is a Saudi company specializing in the production and distribution of cement and rock salt. The company operates under the Saudi Anfal Group and is based in Riyadh, Saudi Arabia. It also deals in mining, processing and distributing rock salt, a valuable mineral used in a variety of industries such as food processing, agriculture and chemicals.

The government of Punjab will complete its facilitation for the Anfal Group by March 15, 2025, as has been desired by SIFC’s (Special Investment Facilitation Council) Executive Committee that met on January 22, 2025, top officials who were part of the meeting told this correspondent.

According to the minutes of the meeting, Secretary Mines and Mineral Punjab updated the SIFC’s Executive Committee that Anfal Group has completed all the formalities, and the issuance of allotment letter and work order will be discussed and finalized in the Ministerial Committee scheduled for next week. As per the decision of SIFC, the government of Punjab will expedite the issuance of an allotment letter

and work order to kickstart the project by March 15, 2025.

Meanwhile, the Pakistan Minerals Investment Forum 2025 (PMIF25) is going to be held in the federal capital on April 8-9, which will be attended by foreign and local investors, leading corporations, policymakers, international diplomats, financial organisations and industry experts to explore lucrative opportunities in the country’s mining sector.

The Oil and Gas Development Company Limited (OGDCL), in collaboration with the federal government and strategic partners, will organizse the PMIF25 at the Jinnah Convention Centre in Islamabad. The forum will serve as a premier platform for global stakeholders to explore investment opportunities in Pakistan’s emerging minerals sector and unlock the country’s vast mineral potential, says a press release.

During the event, the federal government will formally unveil Pakistan’s newly developed, investor-friendly National Minerals Harmonisation Framework 2025. This policy framework aims to attract investment in the country’s mineral sector.

 

[hydrabadi_arab]

KSA’s Anfal Group to set up $150m mineral complex in Punjab​

February 27, 2025

ISLAMABAD: In a positive development, the Anfal Group from the Kingdom of Saudi Arabia (KSA) is going to establish a mineral complex near Khushab in Punjab with an investment of $150 million.

Anfal Group, encompassing Anfal Cement and Anfal Rock Salt, is a Saudi company specializing in the production and distribution of cement and rock salt. The company operates under the Saudi Anfal Group and is based in Riyadh, Saudi Arabia. It also deals in mining, processing and distributing rock salt, a valuable mineral used in a variety of industries such as food processing, agriculture and chemicals.

The government of Punjab will complete its facilitation for the Anfal Group by March 15, 2025, as has been desired by SIFC’s (Special Investment Facilitation Council) Executive Committee that met on January 22, 2025, top officials who were part of the meeting told this correspondent.

According to the minutes of the meeting, Secretary Mines and Mineral Punjab updated the SIFC’s Executive Committee that Anfal Group has completed all the formalities, and the issuance of allotment letter and work order will be discussed and finalized in the Ministerial Committee scheduled for next week. As per the decision of SIFC, the government of Punjab will expedite the issuance of an allotment letter

and work order to kickstart the project by March 15, 2025.

Meanwhile, the Pakistan Minerals Investment Forum 2025 (PMIF25) is going to be held in the federal capital on April 8-9, which will be attended by foreign and local investors, leading corporations, policymakers, international diplomats, financial organisations and industry experts to explore lucrative opportunities in the country’s mining sector.

The Oil and Gas Development Company Limited (OGDCL), in collaboration with the federal government and strategic partners, will organizse the PMIF25 at the Jinnah Convention Centre in Islamabad. The forum will serve as a premier platform for global stakeholders to explore investment opportunities in Pakistan’s emerging minerals sector and unlock the country’s vast mineral potential, says a press release.

During the event, the federal government will formally unveil Pakistan’s newly developed, investor-friendly National Minerals Harmonisation Framework 2025. This policy framework aims to attract investment in the country’s mineral sector.

'Minerals Complex' established for mineral exploration

June 12, 2025

The Minerals Complex has been set up under the Anfal Group.

Through close coordination between SIFC and the Punjab government, a work order has been issued to 'Anfal Group' with an initial investment of 150 million dollars.

Under this project, Pakistan is expected to save 2.9 billion dollars annually in chemical imports.

The project will also open new opportunities for the export of key chemicals, including rock salt.