BEIJING: China-Pakistan Economic Corridor (CPEC) Phase-II is poised to unlock Pakistan’s immense mining sector potential, said Bilal Mahmood Chaudhary, Deputy Head of Mission at Pakistan’s Embassy in Beijing, during his keynote at the 4th Asia Mining Innovation and Development Summit. Chaudhary highlighted Pakistan’s mineral wealth, including 186 billion tons of coal, 5 million tons of copper, 400 tons of gold at Reko Diq, and 500 million tons of iron ore. He emphasized that under CPEC 2.0, which focuses on value addition and downstream processing, Pakistan is set to become a…
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🔺 Petroleum Exports Soar 118% Amid Rising Crude Imports and Local Refinery Output
ISLAMABAD: Pakistan witnessed a remarkable increase in petroleum product exports during the first 10 months of the current fiscal year (10MFY25), marking a surge of 118.7% to \$492.04 million, up from \$224.97 million in the same period last year, according to the Pakistan Bureau of Statistics (PBS). Crude oil imports climbed 14.9% to 8.489 million tonnes compared to 7.388 million tonnes in the corresponding period of the previous fiscal year. This uptick in crude imports enabled local refineries to enhance output and significantly increase petroleum product exports. Preliminary estimates suggest…
Read MoreLONGi President Li Zhenguo: BC Cell Market Share to Exceed 30% by 2028
In a recent interview with Mark, Executive Editor of Caijing Magazine, Li Zhenguo, founder and president of LONGi addressed market concerns regarding the company’s market structure, technological roadmap selection, and the competitive landscape of the photovoltaic (PV) industry. Below are key excerpts: 1. Market Structure Q: Industry fundamentals remain unchanged: Why is LONGi confident about growth? Li Zhenguo: In 2024, LONGi implemented three major adjustments. First, we achieved breakthroughs in second-generation BC (Back Contact) cell technology. By the second half of 2025, we’ll achieve 50GW proprietary BC cell capacity plus…
Read MoreOil steadies after Trump extends EU trade talks deadline
LONDON: Oil prices traded around flat on Monday after U.S. President Donald Trump extended a deadline for trade talks with the European Union, easing concerns about U.S. tariffs on the bloc that could hit fuel demand. Brent crude futures were unchanged at $64.78 a barrel by 1234 GMT while U.S. West Texas Intermediate crude slipped 4 cents to $61.49 a barrel. Both contracts had traded higher earlier in the session after Trump said he agreed to extend a deadline for trade talks with the European Union until July 9. “Trump’s…
Read More𝗜𝗻𝗱𝗶𝗮’𝘀 𝗣𝗹𝗮𝗻 𝘁𝗼 𝗗𝗶𝘃𝗲𝗿𝘁 𝗜𝗻𝗱𝘂𝘀 𝗥𝗶𝘃𝗲𝗿 𝗳𝗹𝗼𝘄: 𝗔 𝗖𝗿𝗶𝘁𝗶𝗰𝗮𝗹 𝗧𝗿𝗮𝗻𝘀𝗯𝗼𝘂𝗻𝗱𝗮𝗿𝘆 𝗪𝗮𝘁𝗲𝗿 𝗖𝗿𝗶𝘀𝗶𝘀 𝗜𝗻 𝗠𝗮𝗸𝗶𝗻g. Sindh province would be badly affected.
India is reportedly moving forward with a massive plan to construct 10 new mega hydropower projects in Ladakh, strategically placed to control the headwaters of the Indus River. Projects like Achinathang-Sanjak, Pharphila, Sumda (Batalik), and Khaltsi may be marketed as progress—but in reality, they pose a serious risk to the region’s water security. 𝗧𝗵𝗶𝘀 𝗜𝗻𝗱𝗶𝗮𝗻 𝗮𝗰𝘁 𝗼𝗳 𝘄𝗮𝘁𝗲𝗿 𝗮𝗴𝗴𝗿𝗲𝘀𝘀𝗶𝗼𝗻 𝘄𝗶𝗹𝗹 𝗱𝗲𝗲𝗽𝗹𝘆 𝗮𝗳𝗳𝗲𝗰𝘁 𝗦𝗶𝗻𝗱𝗵 𝗽𝗿𝗼𝘃𝗶𝗻𝗰𝗲 𝗮𝗻𝗱 𝗶𝘁𝘀 𝗽𝗲𝗼𝗽𝗹𝗲. Home to millions, Sindh relies heavily on the Indus for agriculture, drinking water, and livelihoods. Blocking or altering river flow upstream could trigger…
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