Mari Energies Courts Rio Tinto BHP Investment

Mari Energies Limited is actively approaching international mining giants Rio Tinto and BHP to unlock overseas investment in Pakistan’s mineral industry. This was disclosed during an analyst meeting where AKD Securities Ltd. attended and the exploration and production firm detailed its diversification strategy outside of oil and gas activities.

Through its holding company Mari Minerals, the group has three mineral licenses in Chagai and also holds a 5% interest in Koh-e-Sultan Mining Co., where international partners are carrying out geological surveys. Mari Energies sees the expected financial close of the Reko Diq project as a critical driver bringing further mining investment to Pakistan.

In addition to mining projects, Mari Energies has ventured into technology with Mari Technologies and SKY47, building cloud computing and data infrastructure solutions. One 5MW project in Islamabad is nearing completion early next year, while concurrent construction is underway in Karachi. Even with these expansion plans, the company made a profit after tax of Rs65.4 billion in FY25 from Rs77.3 billion in FY24.