Ivanhoe Atlantic–Mari Energies Pakistan copper JV: risk and access lens for mine planners
Reviewed by Joe Ashwell

First reported on MINING.com
30 Second Briefing
Ivanhoe Atlantic has signed an MoU with Pakistan’s Mari Energies and its mining arm Mari Minerals to pursue copper and gold exploration, giving the Canadian developer its first foothold in South Asia’s underexplored segment of the Tethyan-style belt running from Turkey and Iran through Afghanistan and Pakistan into western China and Mongolia. Chairman Robert Friedland said Ivanhoe is setting up a local office and targeting “equal partnerships”, drawing on experience from Kamoa-Kakula in the DRC, Oyu Tolgoi–style projects in Mongolia and work in Saudi Arabia. No financial terms, specific licence areas or definitive-agreement timetable have yet been disclosed, with security and transport infrastructure flagged as key risks for large-scale development.
Technical Brief
- Ivanhoe Atlantic is in the initial phase of establishing a permanent office presence in Pakistan.
- Friedland explicitly referenced using geophysical surveying, remote sensing and AI-driven targeting to accelerate discovery in Pakistan.
- Security risks comparable to those delaying Barrick’s Reko Diq review are flagged as a primary development constraint.
- Large-scale mine viability is tied to future investment in rail, port, power and skilled labour capacity.
Our Take
In our database, this is Ivanhoe Atlantic’s first South Asia copper move, complementing its Kon Kweni iron ore rail‑corridor strategy in Liberia/Guinea and signalling a deliberate spread across high‑risk, infrastructure‑dependent jurisdictions.
The related coverage of Pakistan’s Minerals Investment Forum and Chagai’s positioning as a low‑carbon battery‑minerals hub suggests that any Ivanhoe Atlantic–Mari Energies work in Balochistan could plug into a policy push that favours integrated copper‑gold‑lithium and rare earth supply chains rather than standalone porphyry plays.
Prepared by collating external sources, AI-assisted tools, and Geomechanics.io’s proprietary mining database, then reviewed for technical accuracy & edited by our geotechnical team.
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