Pakistan Shifts Focus to Local Mineral Processing, Reducing Raw Exports

ISLAMABAD: Pakistan is set to enhance its mineral sector by establishing local facilities for processing, refining, and manufacturing mineral products, as announced by Deputy Prime Minister Ishaq Dar on Thursday. This strategic shift aims to reduce the export of raw mineral resources and bolster the country’s economic framework.

Speaking at the Pakistan Minerals Investment Forum 2026 in Islamabad, Dar emphasized the government’s commitment to developing the entire mineral value chain. He stated that attracting investment in mining and technology is crucial for this initiative, which seeks to create jobs and stimulate economic growth in the sector.

This move is expected to have significant implications for Pakistan’s economy, potentially transforming it into a hub for mineral processing in the region. By processing minerals locally, the government aims to retain more value within the country, enhance industrial capabilities, and reduce dependency on foreign markets.

Looking ahead, the government plans to hold further discussions with stakeholders in the mining industry to outline specific investment opportunities and regulatory frameworks that will support this initiative. The upcoming meetings are anticipated to clarify the roadmap for local processing facilities and attract both domestic and international investors.