Saindak Copper-Gold Mine bringing wealth to country via MRDL’s efforts
As an advocate for China-Pakistan friendship, MCC Resources Development Limited has been striving for operational excellence and promoting Pakistani economic development.
Registered in Pakistan under the authorization of Metallurgical Corporation of China, or MCC Group, MRDL is a subsidiary of China Minmetals, a worldwide renowned mineral resources development conglomerate, which ranked 65th in the Fortune Global 500 in 2023.
Operating the Saindak CopperGold Mine, the first large-scale mine of nonferrous minerals in Pakistan, MRDL boasts a complete industrial system of mining, concentration and smelting.
So far, MRDL has created more than 2,200 local jobs and trained nearly 10,000 workers for Pakistan’s mining, machinery, power and other industries. The company has procured various production materials and articles of daily use worth about $1.1 billion. It has also constructed roads, schools and hospitals; provided water, electricity, medical care and education free of charge to six surrounding villages; committed $20 million to social responsibility efforts and contributed a running total of $722 million in taxes and profits. By 2023, the foreign exchange generated by MRDL by selling its blister copper reached $2.92 billion.
Those efforts have substantially propelled Pakistan’s economic growth, enhanced its border stability, and improved people’s livelihoods, the company said.
Meanwhile, MRDL has won an array of honors including “Best Corporate Social Responsibility Enterprise”, “Top 100 Export Enterprise Contribution Award” and “Best Enterprise for Employee Skill Development”.
In 2013, the China-Pakistan Economic Corridor was initiated for China and Pakistan to build local infrastructure and connectivity, and boost cultural exchanges. As a committed practitioner of the CPEC and the Belt and Road Initiative, MRDL has been adhering to the strategic goals of “increasing resources, expanding scale, nurturing talents and creating benefits”.
With a newly built expansion project projected to deliver 2.75 million metric tons per annum, it has gained momentum for continuous production and revenue growth.
In the future, MRDL aims to build a mega-industrial park that features refining and deep processing of multiple metals such as copper and leadzinc, radiating the upstream and downstream full links including the mining of various mine resources, nonferrous smelting, logistics storage, deep processing and trade to form an economic circle supported by entity industries.
MCC is a modern nonferrous mineral resources mining enterprise dedicated to the development, construction and operation of mines. As a pioneer of China-Pakistan economic cooperation, the history of MCC Group’s footprint in China-Pakistan economic cooperation can be traced back decades.
In the 1990s, the group completed the construction of the Saindak Copper-Gold Mine. In 2002, due to technical and financial constraints, Pakistan decided to seek partners globally through international tenders for the Saindak Copper-Gold Mine. With tremendous competitive advantages, MCC Group stood out among others and won the tender.
Over the past 20 years, the company has been forging ahead through “three lease periods and six development stages” in operating the copper-gold mine.
Empowered by the company’s revolutionary technological innovations in South Ore Body Boundary Expansion, North-South Blend Flotation and East Ore Body Mass Development, the Saindak CopperGold Mine was revitalized and is becoming a model project for ChinaPakistan economic cooperation.