Islamabad: Oil and Gas Development Company Limited (OGDCL) and Pakistan Mineral Development Corporation (PMDC) have formulated a comprehensive plan to explore and commercialize the large deposits of antimony discovered in Balochistan.

According to Radio Pakistan, a joint venture between OGDCL and PMDC, with a 50:50 partnership, is expected to be announced during the Pakistan Minerals Investment Forum 2025, scheduled for the 8th and 9th of next month. The collaboration aims to unlock the potential of these newly discovered antimony reserves and boost the mineral sector in the region.

The potential use of Oman’s advanced facilities for refining antimony is also being considered, as it could enhance the efficiency and profitability of the extraction process. Additionally, a decision has been made to modernize and align Pakistan’s mining educational curriculum with international standards, ensuring that the workforce is equipped with the necessary skills and knowledge.

Plans are underway to initiate remote sensing and geological surveys for a comprehensive analysis of the antimony deposits in Balochistan. These efforts are expected to provide valuable insights into the quantity and quality of the reserves, aiding in effective extraction strategies.

In Gilgit Baltistan, there has been progress on acquiring ten mineral blocks. Authorities have confirmed the presence of reserves for gold, copper, nickel, and cobalt, indicating significant potential for further exploration and development in the region.

Furthermore, OGDCL and the Mineral Department are in contact regarding the exploration of mineral deposits in Chiniot. This collaboration aims to identify and develop additional mineral resources, contributing to Pakistan’s economic growth and mineral wealth.