- 0086(21)62671680
- 62671061
- sales@hyssgroup.com
- Language
according to foreign media reports on May 8, Pakistan's Balochistan province government and Pakistan oil co., LTD. (PPL) joint venture Bolan Mining, Enterprises (BME) has sold the second batch of 20000 tons of iron ore. BME, said the BME company starting from the Pachinko mining area in the Chagai mining iron ore, the Chagai Chigendik and Pachinko iron ore area forecast the annual output of 2.22 million tons and 3.23 million tons respectively.
On June 1, 1974, Pakistan's Balochistan oil co., LTD. (PPL), the provincial government and Pakistan signed a 30-year joint venture agreements, BME, in production and sales Khuzdar near ore products. The agreement in June 2004 to renew for 30 years, runs until 2033. Each company owns a 50% stake in the joint venture company. North-west of BME in Nok Kundi owns two mining license, valid until 2026, used in mining of iron ore.
PPL, chief executive of Moin Raza Khan, said the company is turning its attention to the mining industry, and plans to export zinc and lead from next year. The decision because the current shortage of oil and gas resources must be diversified minerals."
