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Thursday, June 26, 2025

Pakistan Offers Mining Ventures to US Firms

Islamabad (TDI): Pakistan has extended a formal invitation to US companies to invest in its mining sector, citing untapped mineral reserves and a renewed commitment to economic reforms.

Speaking at a high-level webinar titled “Opportunities in Pakistan’s Mining Sector – Unlocking Mineral Potential”, US Charge d’Affaires Natalie Baker said the timing was ideal for US investors to explore public-private partnerships in Pakistan.

“With one of the world’s largest undeveloped copper and gold reserves at Reko Diq, this is a unique opportunity,” she noted.

The virtual session, co-hosted by Pakistan’s Federal Minister for Energy Ali Pervaiz Malik and the US Embassy, brought together senior Pakistani officials, leading companies in the energy and minerals sector, and representatives from the Special Investment Facilitation Council (SIFC), along with US diplomats and business leaders.

Among the attendees were Petroleum Secretary Momin Agha, OGDCL Managing Director Ahmed Hayat Lak, heads of Mari Energies, PMDC, and Pakistan Petroleum, as well as American energy stakeholders.

Read More: US to Help Pakistan in Modernizing FIA: Natalie Baker

Highlighting the country’s rich mineral base, Minister Malik said Pakistan holds substantial reserves of gold, copper, coal, and rare earth elements vital for the global clean energy transition.

He referenced promising new discoveries in Balochistan’s Chaghi district and KP’s Waziristan region.

“Renewable energy goals go hand in hand with responsible mining,” Malik said, underlining the government’s strategy to attract investment by improving ease of business and transparency.

He also credited the recent Pakistan Minerals Investment Forum 2025 (PMIF25) as a turning point in repositioning the country on the global mining map.

Read More: Gilani, Baker Stress Stronger Pakistan-US Cooperation

Natalie Baker reaffirmed Washington’s commitment to economic collaboration with Pakistan, applauding recent policy initiatives to make the sector more investor-friendly.

“The US has a longstanding economic relationship with Pakistan. We are ready to support American companies in building win-win partnerships here,” she said.

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Farkhund Yousafzai is an Associate Editor at The Diplomatic Insight.

Farkhund Yousafzai
Farkhund Yousafzaihttps://thediplomaticinsight.com
Farkhund Yousafzai is an Associate Editor at The Diplomatic Insight.

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