Fluor Corporation says it has received final notice to proceed from Barrick Mining Corporation on its Reko Diq project in Balochistan, Pakistan.
“Fluor and Barrick share a strong commitment to delivering large-scale mining projects safely, responsibly and efficiently,” Harish Jammula, President of Fluor’s Mining & Metals business, said. “Reko Diq will be a major contributor to Pakistan’s economy, which is expected to have a transformative impact on Balochistan province. The mine will create jobs, stimulate regional economic growth and support long-term investment in development programs.”
Mark Bristow, President and CEO of Barrick, added: “Fluor’s selection as our EPCM partner strengthens our ability to execute the Reko Diq project with the technical rigour, operational discipline and socio-environmental responsibility that are hallmarks of both companies. We look forward to working closely with Fluor to ensure that Reko Diq delivers lasting value to the equity partners, both local and international, as well as the many in-country stakeholders, including the people of Balochistan and Pakistan.”
Reko Diq is a generational project that is expected to have a life that will extend well beyond 40 years as a truck-and-shovel open-pit operation with processing facilities producing a high-quality copper-gold concentrate. The project will comprise multiple open-pit mines and associated infrastructure, concentrate process facilities and transportation network for moving goods, consumables and concentrate between the site and port.
Construction will begin later this year and will be built in two phases. First production is targeted for 2028. When fully operational, the site will be capable of a total throughput of 90 Mt/y.
Fluor says it brings extensive global experience in delivering large copper concentrate projects in some of the world’s most challenging locations, including high-altitude, remote and logistically complex environments.
