ISLAMABAD – Minister of State for Petroleum and Natural Resources, Ali Pervez Malik, promoted Pakistan’s mineral investment opportunities during the International Mining and Resources Conference (IMARC) 2025 in Sydney, Australia.
Meeting with officials from Saudi Arabia, Sweden, and France, Malik highlighted Pakistan’s vast untapped mineral reserves, estimated at $6 trillion, including copper, gold, lithium, coal, rock salt, and iron ore.
He urged Saudi investors to explore partnerships in Pakistan’s mining and minerals sector, emphasizing the strong ties between both nations. “Saudi Arabia and Pakistan share a bond of sincere goodwill, and we welcome Saudi investors to explore opportunities in our mineral and mining sectors,” Malik said.
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In separate meetings with Sweden’s Diana Jansse and France’s Benjamin Gallezot, discussions focused on cooperation in the mining value chain and sustainable resource development.
Malik also met World Bank officials and members of the Pakistani business community in Australia, noting that recent policy reforms and improved credit ratings signal growing international confidence in Pakistan’s economy.
The government’s broader strategy aims to shift toward export-led growth by developing the mining sector, which currently contributes only 3.2% to national GDP.