Login

About Asian Telegraph Qatar

Asian Telegraph Qatar, led by veteran journalist Ashraf Siddiqui, is a trusted news platform focused on Qatar’s contributions to global peace, economic growth, education, and youth development. 

Featuring insights from international journalists, it covers local and global events in business, culture, sports, and more, offering readers balanced perspectives on both Qatar and world affairs.

Contact Details

  • PO Box: 20927, Doha City Qatar
  • Tel: +974 33279600
  • Fax: +974 44372909
  • info@asiantelegraph.net
  • www.asiantelegraph.net

Pakistan Eyes Global Partnerships to Unlock Mineral Wealth, Says PMDC Chief

By
M Ashraf Siddiqui
27/04/2026
in
Islamabad, 27 April 2026
Engr. Asad Ahmad, Managing Director and CEO of the Pakistan Mineral Development Corporation (PMDC), has shown strong interest in building partnerships with the Qatar Investment Authority and institutions like QatarEnergy to explore and develop Pakistan’s vast mineral resources.

In a recent exclusive interview to Editor, asiantelegraph.net, in Islamabad, he highlighted the rising global importance of minerals, noting that demand for copper alone is expected to double by 2040. He explained that mineral resources remain a backbone of the global economy, supporting infrastructure, manufacturing, and rapidly growing sectors like clean energy and advanced technologies.

As the world moves further into 2026, Ahmad described the mining industry as being at a turning point. Demand for critical minerals such as lithium, cobalt, copper, and rare earth elements is surging, driven by decarbonization efforts, the expansion of artificial intelligence, and increasing national security priorities.

Within this context, Pakistan stands out due to its largely untapped mineral wealth. The country holds significant reserves of copper, gold, coal, and rare earth elements, particularly in Balochistan and Khyber Pakhtunkhwa. Ahmad noted that, with responsible development and transparent governance, these resources could attract foreign investment, generate jobs, and position Pakistan as a key player in global mineral supply chains.

Associated Press of Pakistan reported that Prime Minister Shehbaz Sharif chaired today a meeting focused on aligning Pakistan’s gemstone mining and processing with international standards and boosting exports. He emphasized transparency and tasked the Ministry of Planning with developing a strategy to increase exports of processed gemstones. Plans are also underway to establish three Centers of Excellence for training in gemstone cutting, polishing, and jewelry preparation, with locations identified in Gilgit-Baltistan and Azad Jammu & Kashmir, and another under consideration in Islamabad.

Ahmad further explained that the global energy transition, especially the shift to electric vehicles and battery technologies, is fueling demand for minerals such as copper, cobalt, nickel, antimony, and bismuth. Pakistan’s extensive metallogenic belt, stretching from Chitral to Chaghi, holds considerable untapped potential.

He pointed out that international interest in Pakistan’s mineral sector is growing, supported by projects like Reko Diq and the involvement of global mining companies. Despite this, the sector currently contributes less than one percent to Pakistan’s GDP, far below countries like Chile and Peru, indicating significant room for growth.

The government, along with the Special Investment Facilitation Council (SIFC), is working to improve policies, feasibility studies, and regulatory frameworks to attract foreign investment. Ahmad expressed optimism that 10 to 15 large-scale mining projects could become operational within the next decade.

On international cooperation, he noted increasing engagement with Gulf countries, particularly Saudi Arabia, while Qatar remains primarily focused on hydrocarbons.

Domestically, he also addressed the development of the Khewra Salt Mine as a tourism site. PMDC has created a dedicated unit to enhance tourism, working with experts and private partners. Plans include upgrading facilities to international standards, with visible improvements expected within two years and broader development over five years.

Ahmad concluded that with strategic planning and timely action, Pakistan’s mineral sector could become a major driver of economic growth and global integration.

Leave a Reply

Disclaimer: Asian Telegraph Qatar do not accept any responsibility for any comment posted on our website. Any comment does not necessarily represent the views of the Asian Telegraph Qatar, unless where specifically stated otherwise. We reserve the right to unpublish, or delete parts or the entirety of any comments that deemed to be non-conducive to the discussion.

© 2026 Asian Telegraph. All Rights Reserved
Powered by PWS
envelopeearthmenu linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram