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Metallic Minerals

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◆  Critical & Strategic

Pakistan, a Treasure of Metallic Minerals

Underexplored but highly prospective: grades, reserves, uses and indicative prices.

Cu

Copper

Location: Balochistan (Chagai, Saindak, Reko Diq)

Ore Grade: 0.4% – 1.2% Cu

Reserve: ~9.4 Billion Tons

Uses: Electrical wires, construction, electronics, EVs, solar

Demand: ▮▮▮▮  High & Growing

Export: ▮▮▮▮  Very High

MARKET PRICE

~USD 9,500 / MT (LME)

PROCESSING

Crushing, grinding, flotation, smelting

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Au

Gold

Location: KPK (Swat, Buner), Balochistan

Ore Grade: 1 – 10 g/t Au

Reserve: ~320+ Tons

Uses: Jewelry, investment, electronics, currency

Demand: ▮▮▮▮  Strong & Stable

Export: ▮▮▮▮  Very High

MARKET PRICE

~USD 2,350 / oz (LBMA)

PROCESSING

Crushing, grinding, cyanidation, CIP/CIL

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Fe

Iron

Location: Balochistan (Harnai, Duki, Mach)

Ore Grade: 30% – 62% Fe

Reserve: ~26+ Billion Tons

Uses: Steel making, construction, machinery

Demand: ▮▮▮▮  Very High

Export: ▮▮▮▮  Very High

MARKET PRICE

~USD 110 / MT (62% Fe CFR)

PROCESSING

Crushing, beneficiation

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Cr₂O₃

Chromite

Location: Balochistan (Musakhel, Kalat)

Ore Grade: 30% – 45% Cr₂O₃

Reserve: ~1.8+ Billion Tons

Uses: Stainless steel, refractory, foundry

Demand: ▮▮▮▮  Strong & Growing

Export: ▮▮▮▮  High

MARKET PRICE

~USD 260 / MT (40% Cr₂O₃)

PROCESSING

Crushing, screening, gravity separation

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Pb

Lead

Location: KPK (Kohistan, Swat), Balochistan

Ore Grade: 2% – 6% Pb

Reserve: ~1.6+ Million Tons

Uses: Batteries, radiation shielding, alloys

Demand: ▮▮▮▮  Stable

Export: ▮▮▮▮  Moderate to High

MARKET PRICE

~USD 2,050 / MT (LME)

PROCESSING

Crushing, flotation, smelting

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Zn

Zinc

Location: KPK (Kohistan, Swat), Balochistan

Ore Grade: 3% – 8% Zn

Reserve: ~2.0+ Million Tons

Uses: Galvanization, alloys, brass, batteries

Demand: ▮▮▮▮  Strong & Stable

Export: ▮▮▮▮  High

MARKET PRICE

~USD 2,700 / MT (LME)

PROCESSING

Crushing, grinding, flotation, smelting

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Sb

Antimony

Location: Gilgit-Baltistan (Skardu, Gilgit)

Ore Grade: 1% – 5% Sb₂O₃

Reserve: ~80,000+ Tons

Uses: Flame retardants, batteries, alloys, ammunition

Demand: ▮▮▮▮  Growing Fast

Export: ▮▮▮▮  Very High

MARKET PRICE

~USD 16,500 / MT (metal basis)

PROCESSING

Crushing, roasting, leaching, refining

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Ni

Nickel

Location: Balochistan, KPK

Ore Grade: 0.8% – 1.5% Ni

Reserve: ~150+ Million Tons

Uses: Stainless steel, batteries, alloys

Demand: ▮▮▮▮  Very High (EV driven)

Export: ▮▮▮▮  High

MARKET PRICE

~USD 16,500 / MT (LME)

PROCESSING

Crushing, grinding, HPAL / smelting

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Mn

Manganese

Location: Balochistan

Ore Grade: 30% – 48% Mn

Reserve: ~1.3+ Billion Tons

Uses: Steel, batteries, chemicals, alloys

Demand: ▮▮▮▮  Strong & Growing

Export: ▮▮▮▮  High

MARKET PRICE

~USD 4.40 / dmtu (Mn ore)

PROCESSING

Crushing, screening, beneficiation

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MoS₂

Molybdenum

Location: Balochistan

Ore Grade: 0.02% – 0.1% MoS₂

Reserve: ~250,000+ Tons

Uses: Steel alloys, electronics, lubricants

Demand: ▮▮▮▮  Strong

Export: ▮▮▮▮  High

MARKET PRICE

~USD 26,000 / MT (Mo metal)

PROCESSING

Crushing, flotation, roasting

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WO₃

Tungsten

Location: Gilgit-Baltistan (Skardu, Ghizer)

Ore Grade: 0.1% – 0.3% WO₃

Reserve: ~100,000+ Tons

Uses: Carbide tools, electronics, defense

Demand: ▮▮▮▮  Strong & Strategic

Export: ▮▮▮▮  Very High

MARKET PRICE

~USD 32,000 / MTU (WO₃)

PROCESSING

Crushing, gravity, flotation, APT

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Sn

Tin

Location: Gilgit-Baltistan, KPK

Ore Grade: 0.1% – 1.0% Sn

Reserve: ~50,000+ Tons

Uses: Solder, plating, alloys, chemicals

Demand: ▮▮▮▮  Stable

Export: ▮▮▮▮  Moderate

MARKET PRICE

~USD 31,000 / MT (LME)

PROCESSING

Crushing, gravity, flotation

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Li

Lithium

Location: Balochistan (salt flats), Gilgit-Baltistan

Ore Grade: 400 – 1200 ppm Li

Reserve: ~2.8+ Million Tons LCE

Uses: Batteries, EVs, pharmaceuticals

Demand: ▮▮▮▮  Exploding

Export: ▮▮▮▮  Very High

MARKET PRICE

~USD 15,000 / MT (LCE)

PROCESSING

Brine extraction, evaporation, refining

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REE

Rare Earth

Location: Balochistan, Gilgit-Baltistan

Ore Grade: Variable (monazite, bastnaesite)

Reserve: Significant (under evaluation)

Uses: Magnets, electronics, defense, EVs

Demand: ▮▮▮▮  Very High & Rising

Export: ▮▮▮▮  Very High

MARKET PRICE

Varies by element (Nd, Pr, Dy, Tb)

PROCESSING

Crushing, leaching, separation

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Reserves are approximate and based on available geological data. Further exploration and drilling required for accuracy. Market prices are indicative.