Pakistan seeks mining investment, joint ventures in talks with Wood Mackenzie

Commerce Minister Jam Kamal Khan discussed mining investment and potential joint ventures with a Wood Mackenzie delegation, as Pakistan prepares for the Pakistan Minerals Investment Forum. The talks covered fiscal competitiveness, mining services and ways to draw international investors into the sector, according to Profit by Pakistan Today.

Khan called for competitive taxes, lower import duties on specialised mining equipment and better federal-provincial coordination. He also proposed connecting local miners and leaseholders with international firms through joint ventures, technology transfer and financing, while describing copper, antimony, iron ore and gemstones as underdeveloped resources with export and industrial potential. The discussions also addressed staged value addition, including possible future investment in copper smelting, refining and downstream manufacturing.