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Articles for tag: 500B, continuous, foreign policy, landowners, lithium, minerals, natural resources, pushes, rare, Rare land, Trump, Ukraine, US support, Zelenskyy

February 11, 2025

News Desk

Trump pushes for $ 500B to rare landowners from Ukraine for continuous help

Listen to the article US President Donald Trump has asked Ukraine to provide $ 500 billion worth $ 500 billion of minerals as compensation for continued US support in the ongoing conflict with Russia. In an interview with Fox News late Monday, Trump stressed that the US would have to take a share of Ukraine’s huge natural resources to offset the hundreds of billions of dollars spent on KIEV’s defense against Russia’s invasion. ‘I told them [Ukraine] That I want the equivalent of $ 500 billion in rare land and have actually agreed to do so at least we do

February 10, 2025

News Desk

Pakistan cooperating with UAE, Saudi Arabia for exporting minerals: PM Shehbaz

Prime Minister Shehbaz Sharif is addressed to a delegation The macroeconomic macroeconomic institution gradually improved: PM The prime minister says foreign remittances reached $ 3 billion in record. He says the direction in the right direction with the aim of achieving economic growth. Prime Minister Shehbaz Sharif on Monday revealed that Pakistan has worked with the United Arab Emirates (UAE) and Saudi Arabia to export huge mineral resources. The prime minister made the observations while addressing Pakistani leaders and investors in Dubai. He said that Pakistan has achieved macroeconomic stability in the last year with the help of the International

August 27, 2024

News Desk

Hubco unveils plans to mine minerals

KARACHI: Hub Power Company (Hubco) has announced that it will further diversify its business portfolio by entering the mining sector to boost its earnings as its core business of generating electricity from expensive oil continued to weigh on its economic value. government amid the energy pricing crisis in the country. Along with the diversification announcement, the company on Monday reported a net consolidated profit of Rs 75.29 billion for the year ended June 30, 2024, up 21.5% from Rs 62 billion in the previous year, on the back of notable profits from affiliated companies. It translated to earnings per share

May 15, 2024

News Desk

Biden raises US tariffs on Chinese imports

WASHINGTON: US President Joe Biden on Tuesday unveiled a raft of steep tariff increases on a range of Chinese imports, including electric vehicle (EV) batteries, computer chips and medical products, risking an election-season showdown with Beijing in an effort to attract voters. economic policies low scores. China immediately promised retaliation. The Commerce Ministry told him that Beijing opposes the US tariff hikes and will take steps to defend its interests. Biden will maintain tariffs put in place by Republican predecessor Donald Trump while accelerating others, including quadrupling tariffs on electric cars to more than 100 percent and doubling tariffs on

Saudi Manara Minerals team ‘in Pakistan for Reko Diq mine stake talks’

Document says Saudi company’s CEO wants to “continue negotiations on Reko Diq project” Hills near the proposed site of the Reko Diq copper mine in Balochistan are seen in this undated 2010 photo. — Reuters Manara officials part of a large delegation of Saudi investors. The delegation will meet Pakistani companies to explore investments. Manara is in talks to potentially buy a stake in the Reko Diq mine. Executives of Saudi Arabian miner Manara Minerals are in Islamabad to continue talks to buy a stake in Pakistan’s Reko Diq gold and copper mine, a Pakistani government document said on Monday.

March 29, 2024

News Desk

The government plans to speed up mineral extraction

Islamabad: The government has planned to create a new special department of mines and minerals as part of efforts to speed up mining activities to give a big boost to Pakistan’s economy. This is in line with efforts made in the previous tenure of the Pakistan Democratic Movement (PDM) government, which sought to establish the Department of Mines and Minerals to step up efforts to exploit minerals in the country. Balochistan is rich in mineral resources where all-out efforts are being made to expedite mining activities following an out-of-court settlement with a foreign company in relation to the Reko Diq

November 28, 2023

News Desk

UAE minerals giant eyeing Pakistani mining venture

KARACHI: The UAE’s largest supplier and importer of raw and value-added minerals, National Trust (NT), has entered into a memorandum of understanding (MoU) with a Pakistani company to develop a strategic partnership with an investment of AED 30 million to mine, acquire and process aluminum ores in Punjab and probably export it to the Middle East. In a filing to the Pakistan Stock Exchange (PSX), Kohinoor Spinning Mills Limited (KSML) announced the development on Monday, saying: “We are in serious discussions with interested parties based in the UAE and Pakistan to convert the company (fabrics) in mining and mineral technology

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