SAINDAK: The MCC Resources Development Co Ltd (MRDL), a Chinese company working on Saindak copper-cum-gold project, on Tuesday celebrated the completion of its 20 years of operations and vowed to continue efforts to develop the mining sector in Pakistan.

A ceremony to commemorate the event was attended by MRDL Chairman He Xuping, President Zhang Zhijun, Senior Vice President Muhammad Nawaz Khan, Vice President Humayun Mehmood, Saindak Metals Limited (SML) Managing Director Muhammad Raziq Sanjrani and tribal elders.

Mr Xuping said MRDL arrived in Sandak in 1987 and since 1992, Pakistan and China have worked together and set up a non-ferrous metal mine which integrates mining, concentrating and smelting.

He added that in 2002 the company was entrusted by the governments of the two countries and it marked the beginning of “stable operations” in Saindak, which continued even after 20 years.

MRDL marks 20 years of operations in Saindak

He recalled that the mine had been shut for many years in 2002, but the Chinese and Pakistani workers strived to achieve systematic restoration of the entire production process in just 11 months, which would take three years as per standard practices in the industry.

“Over the past two decades, the company has standardised its management, fulfilled cooperation agreements and worked together with SML for development while maintaining stability and high efficiency.”

Even during the economic crisis of 2008 and Covid-19 pandemic, the project achieved brilliant results and uplifted the surrounding areas, he added.

The project has so far produced more than 290,000 tonnes of blister copper, resulted in foreign exchange worth $2.6 billion, paid more than $500 million to the lessor, created more than 1,900 jobs and paid $1.2b for local procurement.

As a positive outcome of the project, Mr Xuping said MRDL has trained a large number of mining engineers and other experts which will fulfil the future needs of the mining sector. “We are committed to building a bigger and strong mining industry for Pakistan.”

He also announced the project has been incorporated as a “mega project” in the China-Pakistan Economic Corridor (CPEC).

Published in Dawn, November 2nd, 2022

Follow Dawn Business on X, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Improved outlook
Updated 16 Apr, 2025

Improved outlook

Remittances have proved to be most crucial lifeline for Pakistan in recent years.
Water dispute
16 Apr, 2025

Water dispute

WITH a long, hot summer looming ahead, the last thing the country needs is two provinces fighting over water. Yet,...
A positive start
16 Apr, 2025

A positive start

FROM American threats of bombing Iran, things have taken a more positive turn as President Donald Trump’s emissary...
Iran slayings
Updated 15 Apr, 2025

Iran slayings

State authorities on both sides must investigate latest attack, while Tehran should locate perpetrators and bring them to justice.
AI in the courts
15 Apr, 2025

AI in the courts

SUPREME Court Justices Aqeel Ahmed Abbasi and Mansoor Ali Shah’s judgment on the use of AI in the judiciary landed...
Refusal crisis
15 Apr, 2025

Refusal crisis

PAKISTAN’S polio case count, with 105 days of the year lapsed so far, is in the single digits. But the question ...