Managing Director (MD) Pakistan Mineral Development Corporation (PMDC) Engr. Asad Ahmed said that PMDC and an American firm, Miracle Saltworks Collective Incorporation (MSCI) signed an agreement for the value addition of Himalayan Pink Salt to increase its exports.
During the media briefing along representative of the American firm, Miracle Saltworks Collective Incorporation here, the MD said the government was prioritizing the mineral sector to yield desirous results to bring change in the lifestyle of the local community. The Managing Director and President of Miracle Saltworks Collective Inc Ahmed Nadeem Khan signed the agreement.
PMDC and MSCI officials have formalized their partnership to establish a state-of-the-art Pink Rock Salt Crushing and Packaging facility dedicated in exporting salt-based products to international markets.
MD, PMDC Engr. Asad Ahmed said that the agreement represented the culmination of excessive collaboration between the partners and thanked the petroleum ministry and SIFC for effective coordination and cooperation.
Asad Ahmed said the project is set to attract a significant foreign direct investment of 200 million dollars, showcasing the confidence and enthusiasm of the international community in this groundbreaking venture. Commercial production of 150,000 tonnes per annum is expected to be commenced from June, 2026.
The MD said the event marks a historic moment in the pursuit of economic advancement and global recognition for Pakistan’s Pink Rock Salt industry, signalling a new era of prosperity and collaboration.
Chief Communications Officer of the Miracle Saltworks Collective Inc Mubarak Khan called the agreement the beginning of a new journey and an amazing opportunity for Pakistan as the pink salt would act as an ambassador at millions of homes internationally.