Jam Kamal Khan pitches Pakistan’s minerals to Wood Mackenzie

November 12, 2026 (MLN): Federal Commerce Minister Jam Kamal Khan has called for investor-friendly policies, competitive taxation, lower import duties on specialised mining equipment and closer federal-provincial coordination to draw international investment into Pakistan’s largely untapped mineral sector.

He said developing mining, especially copper, antimony, iron ore, gemstones and other critical minerals, could significantly lift exports, bring in foreign investment and open new avenues for industrial growth.

A delegation from Wood Mackenzie called on the minister at his office to discuss investment opportunities, international partnerships and preparations for the Pakistan Minerals Investment Forum, said a press release issued.

The minister said small-scale Pakistani miners and existing leaseholders should be connected with major international mining companies through joint ventures, technology transfer and financial partnerships.

 He also called for a phased approach to value addition, saying commercially viable mining operations would pave the way for later investment in copper smelting, refining and downstream manufacturing.

Outlining the Ministry of Commerce’s role, he said tariff rationalisation, trade agreements, better market access and the development of professional services could help make Pakistan a competitive destination for mineral investment.

He also proposed stronger international collaboration across the mineral value chain, so that countries can pool their strengths in exploration, processing, technology and trade.

The Wood Mackenzie delegation shared views on global investment trends, fiscal competitiveness and the scope for building Pakistan’s mining-services ecosystem.

Both sides also exchanged views on preparations for the Pakistan Minerals Investment Forum and Pakistan’s potential to attract leading international mining investors.

The minister reiterated the government’s resolve to turn the country’s mineral wealth into sustainable economic growth, higher exports, jobs and long-term international investment partnerships.

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