The Balochistan government’s agreement with Platinum Mining Company (PMC) to develop Pakistan’s first mineral processing unit signifies a monumental step towards realising the immense potential of our mineral resources. By working hand-in-hand, the government and PMC are poised to unlock the value-added potential of these minerals through strategic steps outlined in their joint venture. One of the significant advantages of this joint venture is the revenue-sharing scheme that benefits the government. The potential for revenue generation makes this collaboration a pivotal gateway towards making our economy more export-oriented. As mining operations commence, there is an expectation for significant developmental shifts, including infrastructure improvements and job opportunities.

Source: The Nation September 02, 2023 21:45 UTC