Large deposits of antimony ore have been discovered in Balochistan, which will open investment opportunities in the mineral sector of the country.
After the discovery of the minerals the departments of Oil and Gas Development Company Limited and Pakistan Mineral development corporation have also formulized a comprehensive Business plan to utilize its potential.
According to the plan the OGDCL and PMDC will own Fifty Fifty partnership shares, while announcement of joint venture is expected during “Pakistan Minerals investment forum 2025” in the Month of April.
Pakistan is also considering to utilize modern facilities of Oman for refining of antimony.
Meanwhile progress concerned Departms have also confirmed ten blocks Deposists of gold, copper, nickel and cobalt in Gilgit-Baltistan.
The OGDCL and the Mineral department have also established the contact for exploration of Chiniot Mineral deposits in Punjab. It has been also decided to harmonize educational curriculum with world standards to promote modern mining in Pakistan. The SIFC is playing key role in the development of the mineral sector and setting new paths for development for the country.