In this paper, a detailed mineralogical and genesis investigation have been carried out in the seven locations of the Iron Ore in Hazara area. Thick bedded iron ore have been observed between Kawagarh Formation and Hangu Formation i.e., Cretaceous-Paleocene boundary. At the base of Hangu Formation, variable thickness of these lateritic beds spread throughout the Hazara and Kohat-Potwar plateau. This hematite ore exists in the form of unconformity. X-ray diffraction technique (XRD), X-ray fluorescence spectrometry (XRF), detailed petroghraphic study and scanning electron microscope (SEM) techniques indicated that those iron bears minerals including hematite, chamosite and quartz, albite, clinochlore, illite-montmorillonite, kaolinite, calcite, dolomite, whereas ankerite are the impurities present in these beds. The X-ray fluorescence (XRF) results show that the total Fe₂O₃ ranges from 39 to 56%, with high silica and alumina ratio of less than one. Beneficiation requires for significant increase in ore grade. The petroghraphic study revealed the presence of ooids fragments as nuclei of other ooids with limited clastic supply, which indicate high energy shallow marine depositional setting under warm and humid climate. The overall results show that Langrial Iron Ore is a low-grade iron ore which can be upgraded up to 62% by applying modern mining techniques so as to fulfill steel requirements of the country.

The China-Pakistan Economic Corridor (CPEC) has been one of the most prominent components of the Belt and Road Initiative (BRI). Most of the discussion on CPEC has centered around the macroeconomic effects on the economy. However, research on the fine details of CPEC’s financing structure has not been conducted. This paper aims to fill the gap by providing a detailed description of the financing of CPEC and how the money maps on to different sectors of the Pakistani economy. We also discuss some macroeconomic concerns and ways to mitigate these risks.