Pakistan is endowed with huge reserves of minerals covering an outcrop area of 600,000 sq. Km. There are 92 known minerals, of which 52 are commercially exploited, with 68.52 million metric tons per year. The sector is a promising one with an average growth of 2-3% per annum, the existence of above 5,000 operational mines, 50,000 SMEs and direct employment of 300,000 workers. The country has the world’s second-largest salt mines and fifth-largest copper and gold reserves, second-largest coal deposits, and estimated billions of barrels of crude oil. Despite huge potential, the mineral sector’s contribution to Pakistan’s GDP is around 3 %, and the country’s exports are only about 0.1% of the world’s total. In the year 2017, Pakistan’s total mineral exports were 0.5 Billion USD compared to the world’s 401 Billion USD. Ismail Sattar discusses the Employers Federation of Pakistan’s initiative to process the mineral resources in Pakistan into value-added chemicals.EFP has conducted geological surveys, identified minerals and the refining processes. Their first task was to upgrade low concentration Fluorspar to acid grade, which is widely used in acid making industries, CFC’s manufacturing, and glass and ceramic industries. Furthermore, the metallurgical grade is widely used in the iron and steel industry. This initiative will not only contribute to greater GDP. Still, it will also act as a starting point to develop more industries in Pakistan, which will reduce the burden on our imports and lead to a stronger, more versatile economy.
How to add value to minerals, increase export – a business case for Pakistan
Date:
More like thisRelated
Pakistan’s exports to Italy increase 35% to $758 million in 3 quarters
Pakistan’s exports of goods and services to Italy witnessed...
Exports increase 33% to Rs4.019 trillion in three quarters
The exports of the country in rupee term witnessed...
Howdy would you mind letting me know which webhost you’re working with?
I’ve loaded your blog in 3 completely different browsers and
I must say this blog loads a lot quicker then most.
Can you suggest a good web hosting provider at a reasonable
price? Many thanks, I appreciate it!
Howdy very cool website!! Guy .. Beautiful .. Superb ..
I’ll bookmark your web site and take the feeds additionally?
I’m satisfied to find a lot of helpful info right here in the post, we want work out more strategies on this regard, thank you for sharing.
. . . . .
Look into my website; Ket bilietai
Very nice post. I just stumboed upon your weblog and wished to say that
I’ve really enjoyed surfing around your bloig posts.
In any case I’ll be subscribing to your rss feed and I hope you write again very soon!
site
Hello all, here every person is sharng these knowledge, thus it’s nice to read this blog, and I used to pay a visit this weblog all the time.
website
When I initially commented I clicked the “Notify me when new comments are added” checkbox and now each
time a comment is added I get several e-mails with the same
comment. Is there any way you can remove people from that service?
Thanks!
Link exchange is nothing else however it is only placing the other person’s website link on your page at appropriate place and other person will also do similar
in support of you.
This is really fascinating, You are a very skilled blogger.
I have joined your rss feed and sit up for searching for more of your
great post. Also, I have shared your site in my social networks
We stumbled over here by a different website and thought I should check things out.
I like what I see so i am just following you. Look forward to finding
out about your web page yet again.
It’s hard to come by knowledgeable people about this subject, however, you seem like you
know what you’re talking about! Thanks
This is really attention-grabbing, You are an excessively skilled blogger.
I’ve joined your feed and sit up for in quest of extra of your great post.
Also, I have shared your web site in my social networks