INVESTMENT PROPOSALS IN MINERAL SECTOR OF PUNJAB
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ROCK SALT
Punjab is bestowed with world’s largest pure Rock Salt (NaCl>98%) resources. The massive deposits extend over 220 KM East-West and 12 to 15 km North-South across the Salt Range (Jehlum to Mianwali). The department has identified a free area of around 29,980 Acres (27 Blocks) with indications for the presence of Rock Salt which can be offered to potential investors (on competitive basis) for installation of Rock Salt Based Industry. Rock Salt based products have huge domestic as well as international demand. Additionally, around 100,000 acres of land is under scrutiny of the Committee as detailed in para: B (2), above. Rock Salt Resources of Punjab Province can be presented to potential investors to deploy machinery / equipment, bring advance technology by establishing industries and earn multi-billion revenues.
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LIMESTONE
Limestone is basic raw material for cement manufacturing. Limestone reserves are abundantly available in the Salt Range Punjab from Jhelum to Mianwali. The Salt Range has 50- to 100-meter-thick cap rock of Limestone. Other basic raw materials for cement manufacturing like Argillaceous Clay, Gypsum, Laterite etc. are also easily available in the Salt Range. Presently 11 Cement factories with 20 production lines having capacity of 28 million tons per annum are operational in Punjab.
Under the present dispensation, the department has identified a free area of around 10,000 Acres (3 Blocks) in Tehsil Esa Khel, District Mianwali very near to the CPEC western route with indications of massive Limestone deposits which can be offered to potential investors (on competitive basis) for installation of Limestone Based Cement Industry.
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IRON ORE
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Chiniot Iron Ore Resources
After confirmed resource estimation of 250 million tons of Iron Ore & 15 million tons of Copper at Chiniot Rajoa as per international standards, a detailed investment proposal titled as Chiniot Iron Ore Mining & Steel Mill Complex with an investment potential of 1.3 billion dollars has been prepared under the present dispensation and shared with the Board of Investment, Prime Minister Office as well as other potential investors like FWO and Fauji Foundation etc. as detailed at para: B (3), above.
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Kalabagh Iron Ore Resourc
Kalabagh Iron ore deposits are outcropped at three locations in Mianwali District near Chichali, Kutch and Makerwal. The Deposits are shared between Punjab & Khyber Pakhtunkhwa Province. Iron Ore beds vary in thickness from 2-3 meters. Cumulative estimated iron ore resources are around 150 million ton, however detailed exploration is required to identify true quantum of these resources. The area can be offered to potential investors for detailed exploration leading to installation of potential steel mill.