Islamabad: A significant development has taken place in Pakistan’s mineral sector, as a prominent Dutch international company has expressed its readiness to invest in the country. Pakistan Mineral Development Corporation (PMDC) has signed a memorandum of understanding (MoU) with the Dutch company FLSmidth, which will provide assistance in various areas, including mineral resource estimation, mineral processing, skill development, and financial support.
Managing Director of PMDC, Engineer Asad Ahmad, has hailed the agreement as a major opportunity for Pakistan’s development. He emphasized that collaborating with FLSmidth, a leading technology provider, will enable PMDC to benefit from the company’s 140 years of experience in innovation and technology.
The partnership aims to promote sustainable mining practices and reduce emissions. FLSmidth has set an ambitious goal to reduce emissions in mining and cement production to zero by 2030, which is commendable and a significant service to the environment.Acodring to Managing Director of PMDC, Engineer Asad Ahmad PMDC is committed to supporting this mission and making the earth a better planet. The corporation recognizes the immense importance of mineral resources in Pakistan’s economic and industrial development. The country is rich in mineral resources, including gold, silver, copper, and other precious metals.
He said Examples of significant mineral discoveries in Pakistan include the Reko Diq project, which has estimated mineral resources worth billions of dollars, and the discovery of iron ore, coal, copper, and other precious metals in Punjab.PMDC is determined to utilize these resources to drive economic growth and development in Pakistan. The corporation will ensure that these resources are harnessed and utilized for the benefit of the country.