Pakistan Chrome Mines Ltd
- Pakistan Chrome Mines Ltd
Pakistan Chrome Mines Ltd. is a mining company incorporated in the Islamic Republic of Pakistan. The company owns and operates chromite and magnesite mines in Balochistan Province. [ [http://www.pakboi.gov.pk/pak/xdetail.asp?ComID=40662 Pakistan Chrome Mines LTD, Board of investment, Pakistan government] ] It was initially incorporated as Baluchistan Chrome Mines Ltd. in 1902 during colonial rule. 80% of the outstanding shares of the company are owned by Pacific Energy and Mining Company, a company based in the State of Nevada, US.
The mines are located in Zhob District in Baluchistan, specifically in Muslimbagh, Khanozai, Nisai and Gwal.
The chromite mined is exported to the Peoples Republic of China. Most of it is of metallurgical grade, 46% Cr2O3, with a chrome to iron ratio of 3:1.
Pakistan Chrome Mines was awarded Chromite leases by the Government of Afghanistan in 1975. These leases were never cancelled.
References
Also Read
* Pakistan Mineral Development Corporation
* Pakistan Coal Mines and Resources
External links
* [http://minerals.usgs.gov/minerals/pubs/country/1998/9324098.pdf USGS data]
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