Islamabad (TDI): Pakistan Petroleum Limited (PPL) has joined hands with Finland’s Metso Corporation for capacity building, technology transfer, and feasibility studies for mineral exploration and extraction across the country.
An informal version of the agreement was signed on the sidelines of the Pakistan Mineral Investment Forum, which happened in Islamabad from April 8-9, 2025.
More recently, the agreement has been translated into a formal Memorandum of Understanding (MoU), which was signed between PPL Managing Director and CEO Imran Abbasy and Metso Corporation Director Lauri Pesonen.
Pakistan’s Prime Minister Shehbaz Sharif and Chief of Army Staff, General Syed Asim Munir, were also present during the MoU signing ceremony.
Metso Corporation is a global leader in sustainable technologies and services for the minerals processing industry and will facilitate development in Pakistan’s mineral sector in collaboration with PPL and supported by the Special Investment Facilitation Council (SIFC).
Read More: Pakistan Minerals Investment Forum 2025
As a leader in the use of sustainable technologies, Metso will help upgrade the minerals industry through tech uplift and international expertise.
Pakistan Minerals Investment Forum 2025 was a two-day event that brought together around three hundred delegates from around the world, including country representatives, multinational corporations, mining experts, companies interested in investment in the mining sector, and others.
Several note-worthy agreements were included during the Forum, for example an MoU between Pakistan and Turkey for Joint Offshore Oil Exploration.
Read More: AzerGold Explores Investment Opportunities at Pakistan’s Mineral Forum
OGDCL, Mari Energies Ltd, and Pakistan Petroleum Limited were parties to this MoU and Turkey was represented by the Turkish Petroleum Corporation (TPAO).
Likewise, in a bid to attract investors on the Reko Diq Project, the most recent feasibility plans of the project were shared with investors, in addition to a separate conference dedicated to this copper and gold exploration project in Balochistan.
The Minerals Investment Forum was organized by Pakistan’s Oil and Gas Development Company Limited (OGDCL), with the support of the SIFC.
Nuzhat Rana is an Associate Editor at The Diplomatic Insight.
