Wednesday, December 10

Pakistan, Finland Explore Enhanced Cooperation in Mineral Sector; Metso Announces Expanded Investment

Pakistan, Finland Explore Enhanced Cooperation in Mineral Sector; Metso Announces Expanded Investment

Islamabad, September 29, 2025(News Desk): Federal Minister for Petroleum Ali Pervaiz Malik held a meeting with a high-level Finnish delegation comprising H.E. Mr. Hannu Ripatti, Ambassador of Finland to Pakistan; Ms. Piia Karhu, President, Minerals at Metso — a global leader in equipment and services for the minerals processing industry; and Mr. Willie Eerola, Honorary Consul General of Pakistan to Finland.

The discussions centered on Pakistan’s transformative agenda for its mineral sector and the growing opportunities for international investment and collaboration.

Minister Ali Pervaiz Malik outlined the government’s vision to modernize and responsibly develop the mining industry. He stated, “Pakistan is decisively shifting from primitive ways of mining to sophisticated, mechanized, and responsible mining. We have updated the regulatory setup of the minerals sector by bringing harmonization in the mineral framework, ensuring our mining becomes globally competitive.”

Highlighting the significance of the Reko Diq project, he termed it the “torch bearer” of Pakistan’s mineral sector and reaffirmed the government’s commitment to providing a stable and conducive investment environment.

Ms. Piia Karhu, President of Minerals at Metso, commended the government’s clear steps toward reform and underscored Prime Minister Shehbaz Sharif’s resolve to uplift the mineral sector. She announced that Metso is already a significant supplier of equipment and services for the Reko Diq project and revealed plans to expand into additional mineral projects in Pakistan.

She further emphasized Metso’s commitment to developing local talent, stating, “We also plan to train the local human resource, aligning with Pakistan’s goals for sustainable development and skill enhancement.”

The Minister welcomed Metso’s investment and praised its focus on capacity building, noting that training local human resources would not only bring prosperity to Pakistan but also help develop a skilled workforce in demand globally.

Both sides agreed to strengthen cooperation between Pakistani and Finnish companies in the mining sector. The collaboration is expected to leverage Finnish technological expertise to unlock Pakistan’s vast mineral potential in a responsible and efficient manner.