Finnish company to invest in Reko DIQ, in the mining sector

Federal oil minister Ali Pervaiz Malik met with a Finnish delegation led by Ambassador Hannu Ripatti, Piia Karhu, president of the minerals at Metso and Willie Eerola, the Honorary Consul of Pakistan in Finland, to discuss Pakistani in Finland, to discuss Pakistan Investments.

According to an official statement issued on Monday, Malik said Pakistan had moved from primitive mining practices to mechanized, responsible mining. He noted that the government had informed the regulatory framework to make the sector worldwide competitive. He emphasized Reko DIQ as the “lens body” of the Pakistani mineral industry and assured full government support for investors.

Piia Karhu praised Pakistan’s reforms and said they reflected Prime Minister Shehbaz Sharif’s determination to lift the sector. He confirmed the role of Metso as a key supplier of equipment and services for the Reko DIQ project and announced plans to expand to other projects in Pakistan.

Stating that Metso will also invest in training local talents, he said: “We also plan to train local human resources, aligning Pakistan’s goals for sustainable development and improvement in skills.”

Malik welcomed the commitment, stressing that the preparation of a specialized workforce would benefit Pakistan and respond to the demand of the global sector of mining. Both sides have agreed to enhance the cooperation between Pakistani and Finnish companies to unlock mineral resources responsible with Finnish expertise.

Later, Karhu met with Finance and Rail Minister Bilal Azhar Kayani. He confirmed that Metso would open a corporate office in Pakistan after finalizing the agreements and the legal status. The company plans to create jobs and provide technical training as soon as Reko DIQ works.

Kayani underlined the importance of ML-1 and ML-3 railways for the timely completion of the Reko DIQ, which is scheduled to launch businesses by December 2028, said that the feasibility studies were completed, with the progress aimed at 2026 and a pioneering ceremony is expected. Copper mining.