ISLAMABAD: Pakistan is rich in pyrite aka fool’s gold – one of the most common natural sulphides found in a wide variety of geological formations. However, lack of focus at the official level on the industrial exploitation of this mineral deprives Pakistan of huge income from both domestic and international markets, reports WealthPK.
Pyrite is a mineral source to extract sulfur dioxide and other related constituents. The country’s indigenous sources of this mineral are enough to meet its demand for sulfur and all related industrial products. Currently, Pakistan spends a lot of foreign exchange on import of sulfur and the related products.
In 2021, Pakistan imported US$10458.79 million worth of sulfur with other minerals. –INP
