Mineral Resources Trade & Commerce in Bangladesh
Bangladesh has modest mineral reserves; mining contributes <1% of GDP. Key resources and commercial activity:
1. Natural Gas — Primary Resource
- 27 Tcf proven reserves (2023); 22 producing fields.
- Meets ~70% of commercial energy demand (power, fertilizer, industry, CNG transport, domestic).
- Exports: None currently (pipeline to India proposed, stalled). All production consumed domestically.
- Operator: Petrobangla (state) + IOCs (Chevron, Tullow, Santos) under PSC.
2. Coal
- Barapukuria (Dinajpur): only operating mine (~1 Mt/yr, low-grade, high sulfur). Feeds 525 MW power plant.
- Phulbari (Dinajpur): large deposit (572 Mt), undeveloped — controversy over open-pit vs. underground, displacement, water.
- Imports: 2–3 Mt/yr (Indonesia, South Africa, Australia) for power plants (Payra, Rampal, Matarbari).
3. Limestone
- Deposits: Joypurhat, St. Martin's Island, Sylhet (Jaintiapur), Takerghat.
- Primary use: Cement (7 plants, ~40 Mt/yr capacity). Major brands: Shah, Premier, Seven Circle, LafargeHolcim (Surma).
- Some exports to India (Meghalaya cement plants).
4. Construction Aggregates
- Sand: River dredging (Jamuna, Padma, Meghna) — major but environmentally contentious. Used in concrete, brick, fill. Some export to India.
- Gravel/Stone: Crushed from Sylhet hills, imported from India (crushed stone), Bhutan.
5. Clay & Ceramics
- Alluvial clay abundant — fuels massive brick industry (~10,000 kilns, seasonal).
- Ceramics: RAK Ceramics (UAE JV), Fuwang, Great Wall — export tiles/sanitaryware ($100M+/yr).
6. Heavy Mineral Sands
- Cox's Bazar, Kuakata, Nijhum Dwip: ilmenite, rutile, zircon, monazite, garnet.
- Pilot extraction (Bangladesh Atomic Energy Commission); not yet commercial scale.
7. Granite / Dimension Stone
- Limited quarrying in Dinajpur, Rangpur (Precambrian basement). Used locally for facing, paving.
Economic Outlook
Gas dominates. Coal import dependency rising. Limestone/sand/clay serve domestic construction. Heavy minerals and granite remain underexplored. Regulatory framework (Mines & Minerals Act 1992, amended 2020) aims to attract investment but faces land/environment hurdles.