Karachi: Pakistan Petroleum Limited (PPL) has embarked on a significant phase in the development of the Barite, Lead, and Zinc (BLZ) Project by engaging a Project Management Consultant. On June 24, 2026, the company announced the signing of a consultancy contract with M/s. DMT, Germany, marking a key milestone in the execution phase of this large-scale open-pit mining endeavor.
The BLZ Project, conducted under a joint venture arrangement between PPL and the Government of Balochistan (GoB), is poised to become a pivotal element in the economic advancement of the region. The initiative stems from an amendment to the Operating Agreement initially enacted on November 15, 2004, and is aimed at enhancing Pakistan’s mineral production and export capabilities.
According to information available from the Pakistan Stock Exchange (PSX), the appointment of the German consultancy firm underscores PPL’s commitment to adhering to international standards and ensuring technical excellence in project execution. The collaboration is expected to bolster the mining sector by significantly increasing the output and export of barite, lead, and zinc, thereby contributing to sustainable mineral development in Pakistan.
This step comes as part of PPL’s broader strategy to harness the nation’s mineral resources effectively, positioning the BLZ Project as a substantial contributor to the country’s economic landscape. The information regarding this development was disseminated in accordance with Section 96 of the Securities Act, 2015, and Clause 5.6.1 of the Pakistan Stock Exchange Limited Regulations.