Minerals & Metals
Iron ore is one of the most critical minerals for Pakistan’s steel industry. Major deposits are found in Chiniot, Punjab, and Kalabagh, Khyber Pakhtunkhwa. With proper extraction and refining, Pakistan has the potential to meet local demand and even export surplus iron ore.
Pakistan has one of the largest copper and gold reserves in the world, particularly in the Reko Diq and Saindak projects in Balochistan. These reserves are estimated to contain millions of tons of high-grade copper and gold deposits, making them a valuable resource for global markets.
Pakistan has significant coal reserves in Thar, Lakhra, and Salt Range, which are used for power generation and industrial applications. The Thar Coal Project is one of the largest coal projects in Asia and is crucial for Pakistan’s energy security.
Export Performance
Pakistan’s mineral and metal sector plays a pivotal role in its economy, contributing approximately 3% to the national GDP. Despite this, the sector remains underdeveloped, accounting for only about 0.1% of the world’s total mineral exports.
South Korea: $234 million
