ISLAMABAD: Pakistan is seeking to connect local miners and existing leaseholders with leading international mining companies through joint ventures, technology transfers and financial partnerships to unlock its largely untapped mineral resources and attract foreign investment.
Thank you for reading this post, don't forget to subscribe!The initiative was discussed during a meeting between a delegation from international energy consultancy and research firm Wood Mackenzie and Federal Minister for Commerce Jam Kamal Khan. The discussions focused on investment opportunities, international partnerships and preparations for the Pakistan Minerals Investment Forum.
During the meeting, Jam Kamal highlighted Pakistan’s significant mineral potential, particularly in copper, antimony, iron ore, gemstones and other critical minerals. He said the development of the mining sector could boost exports, attract foreign investment and create new opportunities for industrial growth.
The minister stressed the need for investor-friendly policies, competitive taxation, reduced import duties on specialised mining equipment and stronger coordination between federal and provincial governments to facilitate international investors.
He particularly emphasised the importance of linking small-scale Pakistani miners and existing leaseholders with major international mining companies through joint ventures, technology transfers and financial partnerships.
Highlighting the Ministry of Commerce’s role, Jam Kamal said tariff rationalisation, trade agreements, improved market access and the development of professional services could help position Pakistan as a competitive destination for mineral investment.
He also advocated a phased approach to value addition, noting that commercially viable mining operations would create opportunities for future investment in copper smelting, refining and downstream manufacturing.
The minister further called for stronger international collaboration across the mineral value chain, enabling countries to combine their expertise and capabilities in exploration, processing, technology and trade.
The Wood Mackenzie delegation shared insights into global investment trends, fiscal competitiveness and opportunities to develop Pakistan’s mining-services ecosystem. The delegation also discussed preparations for the Pakistan Minerals Investment Forum and the country’s potential to attract leading international mining investors.
