Mari Minerals (Private) Limited, a wholly-owned subsidiary of Mari Energies Limited (PSX: MARI), has signed a Joint Venture Agreement with MSALABS Limited, a Canadian company, for the establishment and operation of a full-service assay laboratory in Pakistan.
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The joint venture is subject to receiving the necessary corporate, regulatory, and governmental approvals. Once established, the project company will be owned on a 50-50 shareholding basis between Mari Minerals and MSALABS.
Purpose and Services:
The proposed laboratory is designed to be a comprehensive, ISO-Certified facility that will provide end-to-end minerals testing services. It will support mining activities across Pakistan, offering critical services from sample preparation to chemical assaying.
This collaboration aims to enhance the technical capabilities available for Pakistan’s mining industry by introducing international standards and expertise from a globally recognized partner. The establishment of this facility is expected to provide essential infrastructure for mineral exploration and development within the country.
