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Pakistan has been endowed with precious minerals spread across the country. The national outcrop area is equal to 600,000 sq. km. Pakistan has 92 known minerals out of which 52 are commercially exploited. These include copper, gold, marble, mineral salt, and chromite amongst others. In FY 2020-21, the Mines and Mineral sector contributed 2.38% to the country’s GDP. Balochistan is Pakistan’s largest and most mineral-rich province. The province alone accounts for 55% of the total National outcrop area and harbors reserves of more than half of the discovered as well as exploited metallic and non-metallic minerals. Around 50 different minerals have been discovered in Balochistan out of which 39 are being commercially exploited under 1610 licenses. With 9 of the minerals accounting for about 95% of the total volume of extracted minerals, Balochistan leads in the production of coal, copper, lead-zinc barite, and chromite.
• Copper
• Gold
• Iron ore
• Chromite ore
• Lead and Zinc
• NON-METALLIC MIN
• Onyx, Marble, and Granite
• Coal
• Sulphur
• Barite
• Gypsum and Anhyrdite
Potential investment areas highlighted, agreed and covered in the sector profile include:
• Marble
• Chromite
• Coal
• Iron ore
Balochistan is endowed with marble reserves of the highest quality including the globally coveted green marble Onyx that is used in luxury marble products. There’s a national, as well as, international market or Pakistan’s marble that is burgeoning with the growing construction industry (CAGR 4.2%) and Asia Pacific being the fastest growing market for marble. Balochistan contributes 90% to Pakistan’s marble exports to 52 countries. China tops Pakistan’s import charts with $15 million worth of marble exports in 2020. Gulf and M.E states, Korea , and European countries remain the top importers of Pakistan’s marble.
Chromite was first discovered and mined in Muslimbagh, Balochistan in 1903. Since then, the province has been leading in the production of Chromite with around 20,000 tons being produced annually every year. Reserves of chromite within the province are estimated at 500 million tonnes are found in Muslimbagh, Pishin, Kila Saifullah, Lasebela, Khuzdar, and Zhob districts. Chromite produced in Pakistan is of both metrological and refractory grades with the former accounting for 95% of the consumption
Balochistan has 1 billion tons of coal reserves with 5 developed coalfields:
• Mach
• Shahrag
• Duki
• Chamalang
• Quetta
The majority of the Balochistan coal is graded as sub-bituminous to bituminous which is considered suitable for furnace combustion in industries and power generation after it is processed.
Iron Ore has long been a valuable factor in a country’s economic growth and success. In today’s age where infrastructural projects are heavily dependent on the provision of steel, Iron retains its importance as the major ingredient in steel production. Globally, around 98% of the extracted Iron ore is used in the production of Steel. Balochistan is endowed with reserves of Iron ore of varying grades that can be used across industries in the production of steel, ferrochrome, auto parts, etc.
Banglow # A-2 Chaman Housing Scheme, Quetta