KARACHI — Mari Energies Limited (MARI), one of Pakistan’s leading exploration and production companies, is engaging with global mining firms Rio Tinto and BHP to attract foreign investment and explore the country’s untapped mineral resources.
The disclosure was made during an analyst briefing attended by brokerage house AKD Securities. MARI is conducting geological surveys in collaboration with international operators as part of its strategy to diversify into mining.
The company, primarily focused on oil and gas, operates three mineral licenses in Chagai through its subsidiary Mari Minerals and holds a 5% interest in Koh-e-Sultan Mining Co., where surveys are being conducted in partnership with foreign operators.
MARI noted that the financial close of the Reko Diq project is expected to serve as a key catalyst for attracting further investment into Pakistan’s mining sector. Rio Tinto and BHP are among the world’s largest mining companies, producing commodities such as iron ore and copper.
In addition to mining, MARI has expanded into technology through subsidiaries Mari Technologies and SKY47, focusing on cloud computing, data infrastructure, and digital services. A 5MW facility in Islamabad is scheduled for completion early next year, with construction ongoing in Karachi.
On the financial side, MARI posted a profit after tax (PAT) of Rs65.4 billion in FY25, down from Rs77.3 billion in FY24, citing lower revenue and higher expenses during the period.
