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Pakistan's copper reserves were estimated to be around 500 million metric tons. It's worth noting that these estimates can change over time as new exploration activities are carried out and more accurate assessments of mineral deposits are made.
PAKISTAN COPPER
2023
ABOUT
BALOCHISTAN REGION
The discovery and use of copper in Balochistan can be traced back to ancient civilizations and the Bronze Age, making it one of the earliest places where copper was utilized by humans.
The region’s rich mineral resources, including copper, attracted the attention of ancient peoples, and it played a significant role in trade and cultural exchanges in the ancient world. Archaeological evidence suggests that copper mining and metallurgy in Balochistan date back to at least the 4th millennium BCE.
Determining the exact amount of undiscovered copper resources in Balochistan or any region is a complex and ongoing process that requires geological surveys, exploration activities, and assessments by mining companies and geological organizations. The estimation of undiscovered copper resources involves various geological, geochemical, and geophysical surveys, as well as drilling and sampling to confirm the presence and quantity of copper deposits.
The exact amount of copper exported from Balochistan can vary from year to year and depends on factors such as production levels, market demand, and global copper prices. Balochistan is home to several copper mining projects, with the Saindak Copper-Gold Mine being one of the most prominent. This mine has been a significant source of copper production and exports from Balochistan.
Copper concentrate or refined copper products from Balochistan is sold to international copper manufacturers and smelters. These companies may use Pakistani copper as a raw material in their own production processes.
Copper is used in various domestic industries in Pakistan, including construction, electrical and electronics manufacturing, plumbing, and telecommunications. Domestic companies in these sectors purchase copper for their manufacturing and construction needs.
Some copper production from Pakistan may find its way to international commodity markets, where it is bought and sold by investors and traders as a commodity.
International trading companies and brokers play a role in facilitating the sale and export of Pakistani copper to global markets. They may connect Pakistani copper producers with international buyers.
Copper price today | Spot Change | |
---|---|---|
Copper Price per Pound | $3.81 | 0.00 |
Copper Price per Ounce | $0.24 | 0.00 |
Copper Price per Ton | $7,620.00 | 0.00 |