rekodiq

💰 $1.3B US Investment at Risk in Pakistan’s Reko Diq Gold Mine Amid Security Concerns

The Reko Diq copper‑gold project in Balochistan faces rising security challenges as the US prepares a $1.3 billion investment to support development through strategic mineral financing.

🔑 Key Facts

US $1.3B earmarked via Export-Import Bank for Reko Diq, a world-class copper-gold deposit.

Canadian mining partner involved, commercial production planned by 2028.

Security instability in Balochistan raises concerns about investor safety and project timelines.

Project is key to Pakistan’s mineral exports and strategic supply chains.

🧠 Expert Insight
While Reko Diq remains highly lucrative, rising insurgency and security threats may delay development and increase investment risk, highlighting the need for robust protection measures.

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⛏️ Chinese, Pakistani Firms Secure Leases as Reko Diq Exports Near Launch

Chinese companies and major Pakistani business groups have secured mining leases across Balochistan’s mineral belt, signaling expanding investor interest beyond the flagship Reko Diq copper-gold project. The development comes as planning for large-scale exports and infrastructure upgrades accelerates.

Key Highlights

📍 Chinese firms and Pakistani conglomerates have obtained mining leases for copper, gold and other minerals in southwest Pakistan’s mineral-rich belt.

📦 The Reko Diq project, one of the world’s largest undeveloped copper-gold deposits, is moving toward mineral exports.

🚢 Barrick’s Reko Diq subsidiary signed a port access deal with Pakistan International Bulk Terminal to support export of copper and gold concentrate starting in 2028.

📈 Export projections could exceed $5 billion annually in later phases, boosting Pakistan’s trade and foreign exchange earnings.

Expert Insight
Securing diversified mining leases — including foreign and local players — reflects growing confidence in Pakistan’s mineral sector. As infrastructure and export pathways firm up, the Reko Diq project and adjacent ventures may become key drivers of regional industrial growth.

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⛏️ Metso Secures €70M Contract for Reko Diq Copper‑Gold Project in Pakistan

Metso, a Finnish mining tech leader, has won ~€70 million worth of contracts to deliver cutting‑edge flotation and dewatering equipment to the Reko Diq copper‑gold project — one of the world’s largest undeveloped mining operations.

Major equipment deal: Includes advanced Metso Plus beneficiation and dewatering systems for high‑efficiency ore processing.

Tech highlights: Flotation flowsheet integrating TankCell® and Concorde Cell™ tech, high‑rate thickeners, filters, slurry pumps, and regrinding mills.

Project impact: Reko Diq is jointly owned by Barrick Gold and Pakistan/Balochistan governments and is expected to begin production by 2028, boosting local economic output.

💡 Insight: This deal reflects growing global demand for advanced mining solutions and hints at stronger supply chains in critical base and precious metals — key inputs for electrification, infrastructure, and long‑term commodity value.

#CopperGold #Metso #RekoDiq #IndustrialTech #WriteToEarnUpgrade $PAXG $XAU