License issued to private company to explore for minerals on 500 square kilometers in Chagai

Karachi: National Resources Limited has acquired a mining license in Chagai, the company will explore for minerals over an area of ​​500 square kilometers.

According to Express News, National Resources Limited has acquired an area of ​​500 square kilometers on lease in Chagai district of Balochistan. National Resources Limited applied for the lease in early 2022 and now the lease has been issued after all legal and other necessary procedures.

The spokesperson of National Resources Limited has said that under feasibility, National Resources Limited will also refine the minerals before export. Have done. The NRL board has approved the exploration plan, currently hiring exploration resources to start operational work.

According to the spokesman, the company plans to recruit all its human resources from within the country, especially from Balochistan, and the company also plans to hire a large foreign consultancy firm to oversee all exploration activities. The main responsibility of the local company consultancy will be to provide training to the local engineers to handle the exploration activities themselves.

It should be noted that National Resources Limited is a subsidiary of Younis Brothers Pakistan Limited, Reliance Commodities Private Limited and Liberty Mills Limited. The project after completion will attract huge investment in mining which will create direct and indirect employment opportunities for the people of Pakistan especially Balochistan.

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