Pakistan, Australia to boost energy, mineral cooperation

News Image

MG News | July 22, 2025 at 09:36 AM GMT+05:00

July 22, 2025 (MLN): Pakistan and Australia have agreed to strengthen collaboration in the energy and mineral sectors, aiming to deepen economic ties and attract foreign investment.

The understanding was reached during a meeting between Pakistan’s Minister for Petroleum, Ali Pervaiz Malik, and Australian High Commissioner Neil Hawkins in Islamabad.

Minister Malik emphasized that enhanced cooperation in the energy sector would contribute significantly to Pakistan’s economic development, as per the press release issued.

He encouraged Australian companies to invest in Pakistan and assured full government support for partnerships in the mining and energy industries.

He also highlighted key reforms introduced by the government to develop the mining sector, positioning Pakistan as an attractive destination for foreign investment.

Australian High Commissioner Neil Hawkins expressed that Australian companies are keen to explore opportunities in Pakistan’s mineral sector.

He praised Pakistan’s recent economic progress under Prime Minister Shehbaz Sharif, citing the current account surplus and ease in profit repatriation as factors restoring investor confidence.

Hawkins also proposed collaboration in mining training, suggesting partnerships between Australian universities and companies with Pakistani institutions to build technical capacity in the sector.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 179,571.27
436.67M
1.06%
1878.35
ALLSHR 108,600.94
844.23M
1.00%
1073.54
KSE30 53,548.42
162.02M
0.99%
525.53
KMI30 256,725.70
154.74M
0.76%
1936.43
KMIALLSHR 70,620.69
563.61M
0.98%
683.55
BKTi 48,625.03
36.31M
1.37%
658.39
OGTi 37,179.52
8.29M
0.94%
345.85
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 60,455.00 60,455.00
59,790.00
460.00
0.77%
BRENT CRUDE 73.08 75.13
71.38
-2.18
-2.90%
RICHARDS BAY COAL MONTHLY 115.00 0.00
0.00
1.65
1.46%
ROTTERDAM COAL MONTHLY 126.25 0.00
0.00
0.15
0.12%
USD RBD PALM OLEIN 1,135.00 1,135.00
1,135.00
0.00
0.00%
CRUDE OIL - WTI 70.24 71.86
68.56
-1.68
-2.34%
SUGAR #11 WORLD 14.55 14.68
14.02
0.45
3.19%

Chart of the Day


Latest News
June 27, 2026 at 01:35 AM GMT+05:00

Govt keeps petrol, diesel unchanged


June 26, 2026 at 09:43 PM GMT+05:00

Weekly Market Roundup


June 25, 2026 at 08:52 PM GMT+05:00

Banks extend hours for tax payments until June 30


June 25, 2026 at 08:40 PM GMT+05:00

SBP declares July 1 a Bank Holiday


June 25, 2026 at 08:29 PM GMT+05:00

Gold hovers around $4,000, silver below $60



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg