Pakistan partners with Metso to unlock mineral wealth

Pakistan, on April 12, 2025, marked a significant development in its mineral exploration and processing sector through a newly established strategic collaboration between Pakistan Petroleum Ltd (PPL) and Metso Corporation of Finland. This partnership was formalized with a memorandum of understanding (MoU) exchanged in the presence of key political and military leaders, highlighting the initiative's importance. The MoU was signed during the Pakistan Mineral Investment Forum 2025 held in Islamabad, illustrating the government's proactive approach towards fostering investments in the country's mineral resources. The newly established collaboration between these two entities encompasses a multitude of initiatives aimed at advancing the mineral sector in Pakistan. It includes plans for capacity building, technology transfer, and conducting feasibility studies, which are essential for driving further investments. Metso Corporation is globally recognized for its sustainable technologies and services in the minerals processing industry, and its involvement is expected to introduce world-class expertise to Pakistan's relatively untapped mineral resources. According to the PPL Managing Director and CEO Imran Abbasy, this collaboration signifies a bold leap forward for Pakistan's mineral industry. The partnership aims not only to maximize the exploitation of Pakistan's mineral wealth but also to create employment opportunities. The government sees this collaboration as a catalyst for improving the mineral value chain across the nation. With an increasing focus on sustainable practices in mineral extraction and processing, applying advanced technologies is crucial to ensuring that the developments align with global standards. The implications of this partnership could be far-reaching for Pakistan's economy, as enhanced mineral exploration and processing are likely to attract more investments from local and international stakeholders. The initiative is expected to stimulate job creation in various sectors related to mining, processing, and ancillary services. Additionally, the collaboration may improve Pakistan's standing in global mineral markets and pave the way for more comprehensive exploitation of the country's rich mineral deposits, which have been largely underutilized until now.