Khuzdar: The Khuzdar Barite, Lead and Zinc project has reached a pivotal milestone, securing a $200 million investment through the efforts of the Special Investment Facilitation Council (SIFC). This development marks a significant advancement for one of Pakistan’s major mineral projects and is expected to stimulate economic activity in the region.

According to Radio Pakistan, the project, which is managed by Pakistan Petroleum Limited and Bolan Mining Enterprises, holds estimated reserves of 69 million tons and is projected to have a lifespan of 34 years. The SIFC played a crucial role in resolving longstanding lease-related issues, facilitating the completion of the operational agreement necessary for the project’s implementation.

The Khuzdar project is anticipated to generate annual revenue between $150 million and $230 million. This initiative underscores Pakistan’s substantial mineral potential and highlights the growing opportunities for investment in the country’s natural resources. The progress of the project reflects a rising confidence among international investors in Pakistan’s economic landscape.