Metso, world’s leading mining technology provides headquartered in Finland, has signed a comprehensive frame agreement with Reko Diq Mining for key process equipment deliveries to the company’s greenfield copper-gold project in the province of Balochistan in Pakistan. Reko Diq is one of the largest undeveloped copper-gold deposits in the world.
The gross value of the various Metso equipment packages under the framework agreement is EUR 200 million.
“Reko Diq will substantially expand Barrick’s strategically significant copper and gold portfolios and benefit all its Pakistani stakeholders for generations to come. We are pleased to partner with Metso in this project where sustainable concentrate processing is one of the key drivers for plant design and operation,” said Mark Bristow, Barrick President and CEO.
”We are excited to work as a strategic partner with Reko Diq Mining in this major greenfield project which will ramp up global copper production required for energy transition. Metso will provide Reko Diq with advanced and sustainable technology for the production of copper and gold concentrates,” says Markku Teräsvasara, President of the Minerals business area and Deputy CEO of Metso.