SYDNEY:

Federal Minister for Energy (Petroleum Division) Ali Pervaiz Malik delivered a keynote address titled “Pakistan’s Energy Transition and Critical Minerals Development: Unlocking New Frontiers for Global Partnership” at the International Mining and Resources Conference (IMARC) 2025 in Sydney.

According to an official statement issued on Tuesday, the minister highlighted the country’s vast mineral potential and its unwavering commitment to building a low-carbon, climate-resilient future. He articulated a clear vision where the nation’s rich geological endowments are developed responsibly, aligning economic growth with environmental stewardship. This dual focus positions Pakistan not only as a nation with significant resource potential but also as a forward-thinking player in the global fight against climate change.

Highlighting a critical global inequity, Malik noted that the country contributes less than 1% to global greenhouse gas emissions yet faces some of the world’s most severe climate impacts. “Our energy transition is not a choice but a necessity,” he said, adding that this urgent shift is essential for the nation’s adaptation, water and food security, and long-term economic stability in the face of escalating climate challenges.

He said the ongoing transition toward renewables and mineral development offered a strong opportunity for international collaboration. With political will, investor-friendly reforms, and untapped geological potential, the country stands ready to partner with global investors, Malik added. The minister pointed to the government’s renewable energy targets, attractive incentives, and significant reserves of critical minerals as key areas of mutual benefit.

On the sidelines of the conference, Malik met the director general (Minerals) of the Government of Western Australia, who briefed him on the mining sector’s contribution to Australia’s economy. The minister invited Australian firms to invest in the local mining sector, emphasising that responsible exploration and development could unlock sustainable growth for both nations.