Finland’s Metso has signed a circa-€200 million (US$220 million) comprehensive frame agreement to supply comminution and mineral processing equipment to the major new Reko Diq copper-gold project in Balochistan, Pakistan.
The Barrick Gold-controlled project targeting 2028 production and a 40-year mine life is expected to build processing capacity of about 90 million tonnes per annum in two phases.
Metso said c€100 million of initial orders for crushing and grinding equipment would be included in its 2024 third-quarter order intake. Deliveries include 51MW ball bills and high-capacity crushers.
“Reko Diq will substantially expand Barrick’s strategically significant copper and gold portfolios and benefit all its Pakistani stakeholders for generations to come,” Barrick CEO Mark Bristow said.
“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.”
Barrick owns 50% of Reko Diq in partnership with the Balochistan and Pakistan governments.
