Himalayan salt is a rock mined from the Punjab region of Pakistan. It often has a pinkish tint due to trace minerals.
Through the Pakistan Mineral Development Corporation (PMDC), the Government of Pakistan (GoP) has collaborated with Wisconsin-based Miracle Saltworks Collective Inc (MSCI) in the pursuit of a mineral-driven economy.
A memorandum of understanding (MoU) between the entities has formalized the collaboration.
Under the direction of the Petroleum Division of the Ministry of Energy, PMDC and MSCI are starting a project to revamp Pakistan’s mining industry.
Pink Salt Plant
The establishment of a plant for the crushing and packaging of Himalayan pink rock salt is described in the non-binding MoU. The factory, which was designed around the idea of “Pink Prosperity,” will serve the export market.
On August 11, 2023, the MoU was signed in the presence of Ahmad Nadeem Khan, CEO of MSCI, and Engr. Asad Ahmad, Managing Director of PMDC.
Muhammad Hassan Iqbal, Additional Secretary of the Petroleum Division, was present at the ceremony.
This represents a significant advancement in bilateral collaboration and economic growth between the two nations.
The program has the ability to not only change Pakistan’s mining industry but also improve its position in the international market, with an anticipated $200 million investment from MSCI.
This collaboration serves as a reminder of the value of global collaboration in promoting innovation and economic development.
Massive quantities of Himalayan pink salt exist in Pakistan, with a potential market worth up to $12 billion. They are significant for their numerous applications in addition to their aesthetic value.
These salt deposits are a source of culinary enjoyment and offer opportunities in the wellness, ornamental goods, and therapeutic industries. They are renowned for their distinctive mineral makeup.
To read our blog on “Using salt in thermal paste, TikToker improves CPU cooling performance,” click here.