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Articles for tag: Canada, Investment, Islamabad, mining, Renewable energy, Trade

December 12, 2025

News Desk

US Envoy Says Exim Funds $2B in Mining Equipment for Reko Diq

US Chargé d’Affaires Natalie A Baker speaks in this December 10, 2025 photo. — Screengrab via X/@usembislamabad Exim funding to boost Reko Diq businesses. The project is expected to create thousands of jobs. US sees model for future mining partnerships. ISLAMABAD: US Export-Import Bank (Exim) project financing will provide up to $2 billion in high-quality US mining equipment and services needed to build and operate the Reko Diq mine, the US Commissioner said on Monday. “I am pleased to highlight that the US Export-Import Bank recently approved $1.25 billion in financing to support the mining of critical minerals at Reko

September 30, 2025

News Desk

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

Islamabad: 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

June 20, 2025

News Desk

Government is seeking Russian investment in mining

Listen to the article Islamabad: Federal Energy Minister Ali Pervaiz Malik is leading the Pakistani delegation to the International Economic Forum of St. Petroupoli (SPIEF) 2025 from June 18-21, 2025. According to an official statement issued on Thursday, Malik held key meetings on the sidelines of the forum, including one with his Russian counterpart, Sergei Chivilf, who is also chaired by the Pakistani-Russia Intergovernmental Committee (IGC). Both sides discussed ways to cooperate with energy, connectivity, trade, investment, banking, fuses, mining and exchanges with people. Russia expressed strong interest in expanding bilateral cooperation and welcomed the upcoming 10th IGC session, scheduled

May 29, 2025

News Desk

Bilal Bin Saqib announces Pakistan’s first strategic Bitcoin reserve

Listen to the article Pakistan began its first strategic Bitcoin reserve supported by the government, signaling a dramatic shift of its attitude to cryptocurrencies. The announcement was made by Prime Minister’s Special Assistant (SAPM) for Crypto and Blockchain, Bilal Bin Saqib, at the Bitcoin 2025 conference in Las Vegas. Speaking to an international audience that included US vice president JD Vance, Eric Trump and Donald Trump JR, ​​said the country was available 2,000 megawatts surplus energy in Phase 1 to support Bitcoin extraction operations and artificial mesal database (AI). “Tomorrow’s Pakistan is built today by its youth and under the

The government has 2,000 MW in the first phase for Bitcoin Mining and AI data centers in Landmark Digital Infrastructure Push

Listen to the article In an innovative move to turn Pakistan into a world leader into digital innovation, the Pakistani government announced the distribution of 2,000 Megawatts (MW) electricity in the first phase of a national initiative for Bitcoin power and AI. This ambitious initiative is a pioneer by the Pakistani encryption council (PCC)-a body backed by the government under the finance ministry-as part of a wider strategy for creating semantic electricity advantages, creates high-tech jobs, attracts high-tech jobs. Finance Minister Muhammad Aurangzeb said this strategic distribution marks a central moment in Pakistan’s digital transformation journey, unlocking the financial potential

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