Efforts of Chinese mining company lauded to promote mining sector in Chaghi.

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Islamabad: During a meeting held on Thursday with a Chinese mining company (MRDL Saindak) working in Chaghi Balochistan, Minister Ahsan Iqbal stated that mining is priority area of CPEC phase 2.

He also commended the company’s decades long efforts to promote mining sector in the resource rich area of Balochistan.

In response to the company’s request to seek inclusion of their latest project in CPEC, Minister directed them to prepare their proposal. It was discussed during the meeting that if their energy needs are met by establishing a national power grid, the operational cost of all mining projects in the province will be reduced.

The Saindak Copper-Gold Project in Balochistan is operated by MCCT Resources Development Company Pvt Ltd (MRDL). MCCT submitted a proposal of establishing a mineral industrial park in Pakistan which consists of copper/lead/zinc refining and deep processing, giving more value addition to the mineral products. With the development of more mining projects, establishing such an industrial park will become feasible. The mineral industrial park will also attract investors to invest in metal refineries and processing plant which produces wires, rods, plate and other products. Meanwhile, power supply, water supply, transportation and other industries can also develop to facilitate the industrial park.