An in-depth look at minerals in Pakistan

Opinion Jul, 15 2024
An in-depth look at minerals in Pakistan
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 Pakistan is home to a vast array of mineral resources that have the potential to significantly contribute to the country's economy. With its diverse geography, ranging from mountains to plains, Pakistan boasts numerous mineral deposits.

One of the most prominent minerals found in the country is coal, particularly in the Thar region. The Thar Coalfield is one of the largest lignite reserves globally, with estimated reserves of about 175 billion tons. This resource has the potential to transform Pakistan's energy landscape by providing a reliable and local source of energy. The government has initiated various projects to harness Thar coal for power generation, aiming to alleviate the ongoing energy crisis. In addition to coal, metallic minerals such as copper and gold are vital for economic growth. The Saindak Copper-Gold Project in Balochistan is a significant venture, holding substantial reserves of both minerals. Despite operational challenges, the project continues to attract investment and interest due to its potential economic returns. Similarly, the Reko Diq project, also located in Balochistan, is another key asset.

With one of the largest undeveloped copper-gold deposits in the world, Reko Diq could provide a substantial boost to the economy if successfully developed. However, legal disputes and regulatory issues have delayed its progress. Non-metallic minerals are equally crucial for various industries in Pakistan. Key non-metallic minerals include limestone, gypsum, and salt. Limestone is essential for the cement industry, and Pakistan has abundant deposits that support its established cement manufacturing sector. Gypsum, used in the production of plaster and as a soil conditioner, is another valuable mineral found throughout the country. The Khewra Salt Mine, one of the oldest in the world, is a major producer of rock salt, providing high-quality salt for both domestic use and export while also serving as a tourist attraction. The industrial mineral sector in Pakistan is diverse, with notable deposits of barite, fluorite, and marble. Barite is crucial in the oil and gas industry as a weighting agent in drilling fluids, and it can be found in various regions across the country. Fluorite, necessary for aluminum manufacturing and other industrial processes, is also present in significant quantities. The marble industry, particularly in Khyber Pakhtunkhwa and Balochistan, has grown rapidly due to the high quality and variety of marble available, making it a valuable export commodity.

The mineral sector is vital to Pakistan's economy, contributing to employment, export revenues, and industrial growth. The mining industry creates jobs directly and indirectly, supporting local communities and economies. Moreover, the export of minerals and mineral-based products can help improve the country's trade balance. The government's initiatives, such as the China-Pakistan Economic Corridor (CPEC), aim to enhance infrastructure and facilitate the mining sector's growth. Investment in modern mining technologies and practices can further boost production and efficiency. Despite the significant potential, the mining sector in Pakistan faces numerous challenges. Regulatory issues complicate the legal framework governing mining operations, leading to delays in project approvals and implementation. Many mining operations rely on outdated technologies, which are less efficient and more environmentally damaging, indicating a need for investment in modern practices. Environmental concerns are also paramount, as mining activities can lead to deforestation, water contamination, and loss of biodiversity. Sustainable mining practices are essential to mitigate these impacts. Infrastructure deficiencies pose another significant challenge. Poor transportation networks in remote mining areas hamper the efficient movement of minerals to processing plants and markets. Improved roads, railways, and ports are crucial for the sector's development. Furthermore, attracting investment in the mining sector can be difficult due to perceived risks, political instability, and inadequate financial incentives. In conclusion, Pakistan's mineral wealth presents a tremendous opportunity for economic development. With significant reserves of coal, metallic and non-metallic minerals, and a growing industrial sector, the country is well-positioned to leverage its geological assets. However, addressing the challenges within the mining sector is critical for realizing this potential.  By adopting modern technologies, improving regulatory frameworks, and fostering sustainable practices, Pakistan can unlock the full benefits of its mineral resources. This will not only enhance economic growth but also create jobs and improve the quality of life for many citizens. The future of Pakistan's mining industry lies in balancing resource extraction with environmental stewardship, ensuring that the country's mineral wealth serves as a foundation for sustainable development.

Syeda Hoor Shumail
Syeda Hoor Shumail https://www.dailynationalcourier.com/author/syeda-hoor-shumail
Contributing author at Daily National Courier. Looking after OP-ED page with diversified content on mix topics of greater interest. Also member of Karachi Union of Journalist (KUJ).

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