In 2002, GoB granted a mining lease to BME over an area of 13,660 acres in Dilband for exploration iron ore. Lease is valid up till 2032. 250 million tons iron reserves established. Fine iron ore from Dilband was supplied to Pakistan Steel Mills during 2003 and 2004 under a sales/purchase agreement. Since that supply was discontinued when the purchase agreement was not renewed. Currently BME is working on alternate technology & usage of Dilband Iron. A research project on utilization of low grade iron like Dilband is being conducted through NED University of Engineering and Technology, Karachi and BME collaboration.